705 Yorkshire 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 705 Yorkshire Dr, Richmond, VA, 23224 with 5% annual appreciation on a $230,000 basis while $1,574/mo rent supports operations. Total monthly income totals $1,574/mo and a $1,126/mo payment preserves $199/mo for cash returns. Annual cash flow comes to $2,386/yr on $76,245 deployed, and return on cash invested reaches 23.04% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 8.21%. Five-year ROI measures 119.34% and total cumulative return in cash totals $90,991.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,574/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
0.28 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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