640 Brookwood Glen Ter UNIT BAllenVA23060
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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 Allen at 640 Brookwood Glen Ter UNIT B, Allen, VA, 23060 earns $640/mo cash flow from $3,091/mo rent with a $1,855/mo payment. Total monthly income totals $3,091/mo, and annual cash flow totals $7,684/yr on $125,667 capital. ROI tracks 26.02% on current figures, and rental yield reads 9.78% at a $379,085 purchase. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,734 over five years. Five-year ROI reaches 136.01% and total cumulative return in cash sums $170,917. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,091/mo property income instead of your personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$185 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: Martin Alloy • SM Brokerage LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2428082
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.