Ellerbe 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 Ellerbe Plan, Greenhouse, Glen Allen, VA, 23060 priced at $592,490 pairs $2,694/mo rent with after a $2,900/mo payment. Total monthly income equals $2,694/mo. Return on cash invested is 14.84% in year one, and rental yield stands at 5.46% on a $592,490 basis. Equity gained on principal adds $3,823/yr, and 5% annual appreciation accumulates to $163,694 by year five. Five-year ROI measures 75.37% and total cumulative return in cash reaches $146,910. For financing, Ziffy Mortgage’s DSCR program evaluates $2,694/mo property income against a $2,900/mo payment instead of your W2s, 1099s, or Tax returns.
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