Davidson Plan, GreenhouseGlen 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
Rental property for sale in Glen Allen at Davidson Plan, Greenhouse, Glen Allen, VA, 23060 priced at $662,490 converts $3,402/mo rent into after a $3,243/mo obligation. Total monthly income equals $3,402/mo. Return on cash invested prints 16.98% in year one, and rental yield reads 6.16% against a $662,490 entry. Equity gained on principal adds $4,275/yr, while 5% annual appreciation compiles into $183,034 by year five. Five-year ROI reaches 86.86% and total cumulative return in cash sums $189,311. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,402/mo property income covering a $3,243/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A 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: Kristina, Kyle, Amanda, Tara, Caity, and Leslie Ri • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A