700 Goodwood CtRichmondVA23225
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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 700 Goodwood Ct, Richmond, VA, 23225 at $254,950 posts ROI 22.38% with $174/mo cash flow from $1,698/mo rent. Total monthly income equals $1,698/mo, and annual cash flow records $2,086/yr on $84,516 to close. Return on cash invested measures 22.38% and rental yield reads 7.99% at the current $254,950. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,438 by year five. Five-year ROI prints 115.79% and total cumulative return in cash totals $97,864.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,698/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
9,417 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23225, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,473 (100%) |
| Owner Occupied HU | 8,554 (39.8%) |
| Renter Occupied HU | 11,339 (52.8%) |
| Vacant Housing Units | 1,580 ( 7.4%) |
| Median Home Value | $384,290 |
| Average Home Value | $457,334 |
Housing Distribution
Address Breakdown
Residential
21,051
Single Family
15,467
Multi-Family
5,584
Businesses
1,099
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