703 Englewood Farms DrGlen AllenVA23060
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Nearby investment properties with comparable prices
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 703 Englewood Farms Dr, Glen Allen, VA, 23060 at $414,950 posts ROI 23.99% with $467/mo cash flow from $2,948/mo rent. Total monthly income equals $2,948/mo, and annual cash flow records $5,610/yr on $137,556 to close. Return on cash invested measures 23.99% and rental yield reads 8.53% at the current $414,950. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,643 by year five. Five-year ROI prints 124.45% and total cumulative return in cash totals $171,185.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,948/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 2023
3,275 sqft 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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Listed by: Tracy Whitley • Long & Foster REALTORS
Mls Name: CVRMLS
Mls ID: #2600376