Corvallis Plan, SweetspireGlen 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 Corvallis Plan, Sweetspire, Glen Allen, VA, 23059 priced at $746,400 converts $2,880/mo rent into after a $3,653/mo obligation. Total monthly income equals $2,880/mo. Return on cash invested prints 12.33% in year one, and rental yield reads 4.63% against a $746,400 entry. Equity gained on principal adds $4,816/yr, while 5% annual appreciation compiles into $206,217 by year five. Five-year ROI reaches 61.9% and total cumulative return in cash sums $152,007. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $3,653/mo payment, not borrower’s personal income.
Single Family
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: N/A • Eagle Construction of VA, LLC
Mls Name: Eagle Construction
Mls Provider:
Mls ID: #N/A