9018 Milton Mill Dr #AGlen 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 9018 Milton Mill Dr #A, Glen Allen, VA, 23060 earns $945/mo cash flow from $3,091/mo rent with a $1,757/mo payment. Total monthly income totals $3,091/mo, and annual cash flow totals $11,341/yr on $119,009 capital. ROI tracks 29.44% on current figures, and rental yield reads 10.33% at a $359,000 purchase. Equity gained on principal adds $2,317/yr, and 5% annual appreciation supports $99,185 over five years. Five-year ROI reaches 153.7% and total cumulative return in cash sums $182,911. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,091/mo property income instead of your personal income.
Condo
Built in 2023
12.24 Acres 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: Sam Smith • Towne & Country Real Estate
Mls Name: CVRMLS
Mls ID: #2527565