807 Catherine StRichmondVA23220
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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 807 Catherine St, Richmond, VA, 23220 priced at $375,000 pairs $2,473/mo rent with $232/mo cash flow after a $1,835/mo payment. Total monthly income equals $2,473/mo, and annual cash flow comes to $2,781/yr on $124,313 invested. Return on cash invested is 22.15% in year one, and rental yield stands at 7.91% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 114.57% and total cumulative return in cash reaches $142,419. For financing, Ziffy Mortgage’s DSCR program evaluates $2,473/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1994
2,112 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23220, Richmond, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,204 (100%) |
| Owner Occupied HU | 4,744 (24.7%) |
| Renter Occupied HU | 12,895 (67.1%) |
| Vacant Housing Units | 1,565 ( 8.1%) |
| Median Home Value | $514,099 |
| Average Home Value | $600,389 |
Housing Distribution
Address Breakdown
Residential
19,181
Single Family
10,606
Multi-Family
8,575
Businesses
1,372
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