11089 Summer Breeze DrGlen AllenVA23059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Glen Allen at 11089 Summer Breeze Dr, Glen Allen, VA, 23059 generates $4,188/mo in rent, after a $3,549/mo payment. Total monthly income is $4,188/mo. Return on cash invested sits at 19.32% in year one, and rental yield is 6.93% on a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 99.39% and total cumulative return in cash sums $237,077. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,188/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
3.99 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dianne Stanley • Shaheen Ruth Martin & Fonville
Mls Name: CVRMLS
Mls ID: #2525143