2248 Thomas Kenney DrGlen 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 2248 Thomas Kenney Dr, Glen Allen, VA, 23060 priced at $475,000 converts $2,893/mo rent into $24/mo cash flow after a $2,325/mo obligation. Total monthly income equals $2,893/mo, and annual cash flow totals $291/yr on $157,463 invested. Return on cash invested prints 20.09% in year one, and rental yield reads 7.31% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 103.66% and total cumulative return in cash sums $163,219. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,893/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.35 Acres lot
$N/A/sqft
$350 annually 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 Dalton • Dalton Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2511494
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 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.