10801 Farmstead Mill Lane Gln #XWRIPSGlen AllenVA23059
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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 Glen Allen at 10801 Farmstead Mill Lane Gln #XWRIPS, Glen Allen, VA, 23059 uses $143,672 cash to close to unlock $5,010/yr annual cash flow and $417/mo monthly cash flow. Total monthly income runs $3,008/mo, and a $2,121/mo payment keeps the spread at $417/mo. Purchase price stands at $433,400, and rental yield measures 8.33% with $3,008/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $119,740 over five years. Five-year ROI reaches 121.27% and total cumulative return in cash records $174,230. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,008/mo property income covering a $2,121/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23059, Glen Allen, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,625 (100%) |
| Owner Occupied HU | 11,612 (74.3%) |
| Renter Occupied HU | 3,492 (22.3%) |
| Vacant Housing Units | 521 ( 3.3%) |
| Median Home Value | $603,290 |
| Average Home Value | $639,208 |
Housing Distribution
Address Breakdown
Residential
16,146
Single Family
15,376
Multi-Family
770
Businesses
690
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Listed by: N/A • N/A
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