4902 Riverside DrRichmondVA23225
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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 4902 Riverside Dr, Richmond, VA, 23225 generates $4,319/mo in rent, after a $9,177/mo payment. Total monthly income is $4,319/mo. Return on cash invested sits at 6.76% in year one, and rental yield is 2.76% on a $1,875,000 entry. Equity gained on principal adds $12,099/yr, while 5% annual appreciation builds toward $518,028 over five years. Five-year ROI reaches 31.95% and total cumulative return in cash sums $194,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,319/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
10,842 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23225, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,473 (100%) |
| Owner Occupied HU | 8,554 (39.8%) |
| Renter Occupied HU | 11,339 (52.8%) |
| Vacant Housing Units | 1,580 ( 7.4%) |
| Median Home Value | $384,290 |
| Average Home Value | $457,334 |
Housing Distribution
Address Breakdown
Residential
21,051
Single Family
15,467
Multi-Family
5,584
Businesses
1,099
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