451 Hollybrook Ridge LnRichmondVA23223
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Richmond at 451 Hollybrook Ridge Ln, Richmond, VA, 23223 listed at $249,900 pairs $2,440/mo rent with a $1,223/mo payment to leave $946/mo cash flow. Total monthly income runs $2,440/mo, and annual cash flow reaches $11,355/yr on $82,842 cash to close. Return on cash invested measures 33.62% in year one, and rental yield registers 11.72% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 176.1% and total cumulative return in cash totals $145,886. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,440/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2002
2,685 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23223, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,758 (100%) |
| Owner Occupied HU | 10,196 (39.6%) |
| Renter Occupied HU | 13,614 (52.9%) |
| Vacant Housing Units | 1,948 ( 7.6%) |
| Median Home Value | $324,118 |
| Average Home Value | $376,819 |
Housing Distribution
Address Breakdown
Residential
26,126
Single Family
20,110
Multi-Family
6,016
Businesses
1,056
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices