Nottingham Plan, The Pointe at Twin Hickory, Glen Allen, VA, 23059 | $546/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Glen Allen at Nottingham Plan, The Pointe at Twin Hickory, Glen Allen, VA, 23059 priced at $461,950 converts $3,307/mo rent into $546/mo cash flow after a $2,261/mo obligation. Total monthly income equals $3,307/mo, and annual cash flow totals $6,547/yr on $153,136 invested. Return on cash invested prints 24.18% in year one, and rental yield reads 8.59% against a $461,950 entry. Equity gained on principal adds $2,981/yr, while 5% annual appreciation compiles into $127,628 by year five. Five-year ROI reaches 125.5% and total cumulative return in cash sums $192,194. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,307/mo property income covering a $2,261/mo payment, not borrower’s personal income.

Condo

Built in 2024

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