7601 Tanglewood RdRichmondVA23225
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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 7601 Tanglewood Rd, Richmond, VA, 23225 offers a 7.4% rental yield on a $389,000 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,904/mo payment leaves $75/mo available for distribution. Annual cash flow reaches $895/yr on $128,954 to close, and return on cash invested stands at 20.6% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 106.29% and total cumulative return in cash at $137,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.34 Acres 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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