801 Brassie Ln APT EGlen 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
Rental property for sale in Glen Allen at 801 Brassie Ln APT E, Glen Allen, VA, 23059 generates $1,293/mo in rent and, after a $832/mo payment, leaves $88/mo in cash flow. Total monthly income is $1,293/mo, and annual cash flow is $1,054/yr on $56,355 invested. Return on cash invested sits at 21.78% in year one, and rental yield is 9.13% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 114.06% and total cumulative return in cash sums $64,281. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,293/mo property income rather than buyer’s personal income.
Condo
Built in 1998
15.20 Acres lot
$N/A/sqft
$189 monthly 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: Kelley Dirom • RE/MAX Commonwealth
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2519835
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 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.