4705 Fitzhugh AveRichmondVA23230
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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
Rental property for sale in Richmond at 4705 Fitzhugh Ave, Richmond, VA, 23230 generates $6,420/mo in rent, after a $6,510/mo payment. Total monthly income is $6,420/mo. Return on cash invested sits at 16.11% in year one, and rental yield is 5.79% on a $1,330,000 entry. Equity gained on principal adds $8,582/yr, while 5% annual appreciation builds toward $367,454 over five years. Five-year ROI reaches 82.08% and total cumulative return in cash sums $353,690. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,420/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23230, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,768 (100%) |
| Owner Occupied HU | 1,956 (25.2%) |
| Renter Occupied HU | 4,845 (62.4%) |
| Vacant Housing Units | 967 (12.4%) |
| Median Home Value | $385,445 |
| Average Home Value | $403,986 |
Housing Distribution
Address Breakdown
Residential
7,470
Single Family
3,826
Multi-Family
3,644
Businesses
2,005
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