Devon Plan, The Pointe at Twin HickoryGlen 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 Devon Plan, The Pointe at Twin Hickory, Glen Allen, VA, 23059 offers $3,064/mo rent that, after a $2,129/mo payment, leaves $464/mo cash flow. Total monthly income is $3,064/mo, and annual cash flow is $5,566/yr on $144,186 cash. Return on cash invested measures 23.77% in year one, and rental yield stands at 8.45% at a $434,950 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,169 by year five. Five-year ROI records 123.26% and total cumulative return in cash reaches $177,717. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,064/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2026
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 • HHHunt Homes
Mls Name: HHHunt Homes
Mls Provider:
Mls ID: #N/A