656 Brookwood Glen Ter #ARichmondVA23060
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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 Richmond at 656 Brookwood Glen Ter #A, Richmond, VA, 23060 with 5% annual appreciation on a $329,240 basis while $3,091/mo rent supports operations. Total monthly income totals $3,091/mo and a $1,611/mo payment preserves $1,123/mo for cash returns. Annual cash flow comes to $13,480/yr on $109,143 deployed, and return on cash invested reaches 32.26% in year one. Equity gained on principal adds $2,125/yr, and five-year appreciation sums $90,963 alongside rental yield of 11.27%. Five-year ROI measures 168.81% and total cumulative return in cash totals $184,248.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,091/mo property income versus a $1,611/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2025
N/A lot
$N/A/sqft
No 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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