2509 Forget Me Not Lane GlnGlen 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 2509 Forget Me Not Lane Gln, Glen Allen, VA, 23060 generates $3,402/mo in rent, after a $3,426/mo payment. Total monthly income is $3,402/mo. Return on cash invested sits at 15.7% in year one, and rental yield is 5.83% on a $699,990 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,394 over five years. Five-year ROI reaches 80.05% and total cumulative return in cash sums $184,345. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,402/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$55 monthly 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: N/A • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A