5400 Calvert DrRichmondVA23224
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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 5400 Calvert Dr, Richmond, VA, 23224 uses $49,725 cash to close to unlock $2,874/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,136/mo, and a $734/mo payment keeps the spread at $240/mo. Purchase price stands at $150,000, and rental yield measures 9.09% with $1,136/mo rent. Return on cash invested shows 25.69% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 133.63% and total cumulative return in cash records $66,450. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,136/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1948
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23224, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,732 (100%) |
| Owner Occupied HU | 5,371 (27.2%) |
| Renter Occupied HU | 12,527 (63.5%) |
| Vacant Housing Units | 1,834 ( 9.3%) |
| Median Home Value | $217,533 |
| Average Home Value | $299,484 |
Housing Distribution
Address Breakdown
Residential
19,419
Single Family
14,615
Multi-Family
4,804
Businesses
1,358
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