12724 Redfield LnGlen 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 12724 Redfield Ln, Glen Allen, VA, 23059 listed at $1,215,000 pairs $4,283/mo rent with a $5,947/mo payment. Total monthly income runs $4,283/mo. Return on cash invested measures 11.29% in year one, and rental yield registers 4.23% at a $1,215,000 basis. Equity gained on principal adds $7,840/yr, and annual property appreciation at 5% supports $335,682 by year five. Five-year ROI tracks 56.22% and total cumulative return in cash totals $221,297. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,283/mo property income relative to a $5,947/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
1.16 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
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Listed by: Kathy Hall • Shaheen Ruth Martin & Fonville
Mls Name: CVRMLS
Mls ID: #2519162