9676 Turning Point Dr #BGlen 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
Investment property for sale in Glen Allen at 9676 Turning Point Dr #B, Glen Allen, VA, 23059 earns $638/mo cash flow from $2,846/mo rent with a $1,808/mo payment. Total monthly income totals $2,846/mo, and annual cash flow totals $7,653/yr on $122,484 capital. ROI tracks 26.16% on current figures, and rental yield reads 9.24% at a $369,485 purchase. Equity gained on principal adds $2,384/yr, and 5% annual appreciation supports $102,082 over five years. Five-year ROI reaches 136.07% and total cumulative return in cash sums $166,667. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,846/mo property income instead of your personal income.
Condo
Built in 2025
N/A 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
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Listed by: Martin Alloy • SM Brokerage LLC
Mls Name: CVRMLS
Mls ID: #2512766