326 Hickson DrGlen 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 326 Hickson Dr, Glen Allen, VA, 23059 with 5% annual appreciation on a $585,000 basis while $3,533/mo rent supports operations. Total monthly income totals $3,533/mo and a $2,863/mo payment preserves $36/mo for cash returns. Annual cash flow comes to $435/yr on $192,465 deployed, and return on cash invested reaches 20.29% in year one. Equity gained on principal adds $3,775/yr, and five-year appreciation sums $161,625 alongside rental yield of 7.25%. Five-year ROI measures 104.57% and total cumulative return in cash totals $201,258.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,533/mo property income versus a $2,863/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2011
5,013 sqft 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: Anahita Johnson • Long & Foster REALTORS
Mls Name: CVRMLS
Mls ID: #2533172