2121 Francis RdGlen AllenVA23060
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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
Rental property for sale in Glen Allen at 2121 Francis Rd, Glen Allen, VA, 23060 priced at $535,000 converts $2,684/mo rent into after a $2,619/mo obligation. Total monthly income equals $2,684/mo. Return on cash invested prints 16.55% in year one, and rental yield reads 6.02% against a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation compiles into $147,811 by year five. Five-year ROI reaches 84.54% and total cumulative return in cash sums $148,804. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,684/mo property income covering a $2,619/mo payment, not borrower’s personal income.
Single Family
Built in 2001
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23060, Glen Allen, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,883 (100%) |
| Owner Occupied HU | 11,949 (70.8%) |
| Renter Occupied HU | 3,773 (22.3%) |
| Vacant Housing Units | 1,161 ( 6.9%) |
| Median Home Value | $438,173 |
| Average Home Value | $495,109 |
Housing Distribution
Address Breakdown
Residential
15,871
Single Family
14,379
Multi-Family
1,492
Businesses
1,212
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Listed by: Debbie Crevier-Kent • Cottage Street Realty LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2429684
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.