3032 Egmont Terrace Gln #QOMYASAllenVA23059
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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 Allen at 3032 Egmont Terrace Gln #QOMYAS, Allen, VA, 23059 priced at $640,700 converts $3,592/mo rent into after a $3,136/mo obligation. Total monthly income equals $3,592/mo. Return on cash invested prints 18.7% in year one, and rental yield reads 6.73% against a $640,700 entry. Equity gained on principal adds $4,134/yr, while 5% annual appreciation compiles into $177,014 by year five. Five-year ROI reaches 96.07% and total cumulative return in cash sums $202,510. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,592/mo property income covering a $3,136/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A 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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