503 Masonic LnRichmondVA23223
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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
Investment property for sale in Richmond at 503 Masonic Ln, Richmond, VA, 23223 at $194,500 posts ROI 34.32% with $774/mo cash flow from $1,937/mo rent. Total monthly income equals $1,937/mo, and annual cash flow records $9,291/yr on $64,477 to close. Return on cash invested measures 34.32% and rental yield reads 11.95% at the current $194,500. Equity gained on principal adds $1,255/yr, and 5% annual appreciation supports $53,737 by year five. Five-year ROI prints 179.91% and total cumulative return in cash totals $116,001.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,937/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1937
4,909 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
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