8634 Underhill DrGlen AllenVA23060
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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 Glen Allen at 8634 Underhill Dr, Glen Allen, VA, 23060 with 5% annual appreciation on a $361,840 basis while $3,000/mo rent supports operations. Total monthly income totals $3,000/mo and a $1,771/mo payment preserves $762/mo for cash returns. Annual cash flow comes to $9,144/yr on $119,950 deployed, and return on cash invested reaches 27.53% in year one. Equity gained on principal adds $2,335/yr, and five-year appreciation sums $99,970 alongside rental yield of 9.95%. Five-year ROI measures 143.71% and total cumulative return in cash totals $172,379.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $1,771/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$75 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: #2430046
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.