610 Queen Anne 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 610 Queen Anne Dr, Richmond, VA, 23224 at $212,000 posts ROI 25.33% with $317/mo cash flow from $1,585/mo rent. Total monthly income equals $1,585/mo, and annual cash flow records $3,808/yr on $70,278 to close. Return on cash invested measures 25.33% and rental yield reads 8.97% at the current $212,000. Equity gained on principal adds $1,368/yr, and 5% annual appreciation supports $58,572 by year five. Five-year ROI prints 131.66% and total cumulative return in cash totals $92,527.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,585/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1948
10,824 sqft 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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