512 Besler 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
Rental property for sale in Richmond at 512 Besler Ln, Richmond, VA, 23223 priced at $417,500 converts $2,280/mo rent into after a $2,043/mo obligation. Total monthly income equals $2,280/mo. Return on cash invested prints 17.95% in year one, and rental yield reads 6.55% against a $417,500 entry. Equity gained on principal adds $2,694/yr, while 5% annual appreciation compiles into $115,348 by year five. Five-year ROI reaches 92.07% and total cumulative return in cash sums $127,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $2,043/mo payment, not borrower’s personal income.
Single Family
Built in 1986
1.08 Acres 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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Listed by: Preston Hernandez • River City Elite Properties
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2515259
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.