5435 Libbie Mill West BlvdRichmondVA23230
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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 5435 Libbie Mill West Blvd, Richmond, VA, 23230 priced at $569,700 converts $3,523/mo rent into after a $2,788/mo obligation. Total monthly income equals $3,523/mo. Return on cash invested prints 19.33% in year one, and rental yield reads 7.42% against a $569,700 entry. Equity gained on principal adds $3,676/yr, while 5% annual appreciation compiles into $157,398 by year five. Five-year ROI reaches 99.95% and total cumulative return in cash sums $187,347. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,523/mo property income covering a $2,788/mo payment, not borrower’s personal income.
Townhouse
Built in 2018
1,511 sqft lot
$N/A/sqft
$232 monthly 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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Listed by: Leah Coleman • ICON Realty Group
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2521188
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.