8 Somerset Bluff CtGlen AllenVA23059
Nearby investment properties with comparable rents
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 8 Somerset Bluff Ct, Glen Allen, VA, 23059 offers a 7.98% rental yield on a $629,899 purchase with $4,188/mo rent. Total monthly income registers $4,188/mo, and a $3,083/mo payment leaves $423/mo available for distribution. Annual cash flow reaches $5,071/yr on $207,237 to close, and return on cash invested stands at 22.51% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,029 over five years. Portfolio math shows five-year ROI at 116.47% and total cumulative return in cash at $241,359. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,188/mo property income against a $3,083/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,840 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jill Matthews • Realty Richmond
Mls Name: CVRMLS
Mls ID: #2533730