Ranch home in Richmond, VA
This 720-square-foot Ranch home in Richmond, VA includes 2 bedrooms and 1 bathroom. The Ranch styling carries through the home's design.
| Price | $254,900 |
|---|
| Beds | 2 |
|---|
| Baths | 1 |
|---|
| Sqft | 720 |
|---|
| Architectural style | Ranch (43% match) |
|---|
| Address | 5429 Parker Street, Richmond, VA 23231 |
|---|
Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced below comparable homes.
- At $255K, this home is 20% below the $320K median for 273 similar Ranch homes in Richmond, VA.
- That works out to $354 per square foot, 46% above the $243 comparable rate.
| This home | $254,900 |
|---|
| Ranch median in Richmond, VA | $319,950 (273 homes) |
|---|
| Price per sq ft | $354 vs. $243 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,676/month with 20% down at a 7.28% 30-year fixed rate. You would need about $71,813 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,395/mo |
|---|
| Property tax (new-buyer reassessed rate) | $185/mo |
|---|
| Homeowners insurance | $96/mo |
|---|
| Total monthly | $1,676/mo |
|---|
| Down payment (20%) | $50,980 |
|---|
| Income needed | $71,813/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (62 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (62/100) |
|---|
| Beats renting in | 15% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $118,386 |
|---|
| Range (10th to 90th pct) | $70,011 to $178,586 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Richmond, VA where local data is thin.
Local home values
Typical home values in Richmond, VA have risen about 27% over the past 5 years (+3% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately