1105 Magnolia Pointe BlvdGlen 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 1105 Magnolia Pointe Blvd, Glen Allen, VA, 23059 earns $877/mo cash flow from $2,670/mo rent with a $1,468/mo payment. Total monthly income totals $2,670/mo, and annual cash flow totals $10,525/yr on $99,433 capital. ROI tracks 30.49% on current figures, and rental yield reads 10.68% at a $299,950 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,871 over five years. Five-year ROI reaches 159.36% and total cumulative return in cash sums $158,456. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,670/mo property income instead of your personal income.
Townhouse
Built in 2003
1,711 sqft 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: Amy Kenyon • RVA Elite Realtors
Mls Name: CVRMLS
Mls ID: #2532098