Penhurst Plan, The Pointe at Twin Hickory, Glen Allen, VA, 23059 | 6.07% Rental Yield

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Penhurst Plan, The Pointe at Twin Hickory, Glen Allen, VA, 23059 | 6.07% Rental Yield | Ziffy

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 Penhurst Plan, The Pointe at Twin Hickory, Glen Allen, VA, 23059 priced at $343,950 converts $1,739/mo rent into after a $1,683/mo obligation. Total monthly income equals $1,739/mo. Return on cash invested prints 16.58% in year one, and rental yield reads 6.07% against a $343,950 entry. Equity gained on principal adds $2,219/yr, while 5% annual appreciation compiles into $95,027 by year five. Five-year ROI reaches 84.72% and total cumulative return in cash sums $96,598. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,739/mo property income covering a $1,683/mo payment, not borrower’s personal income.

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Pointe at Twin Hickory in Glen Allen, VA! Located in the heart of Short Pump, The Pointe at Twin Hickory brings luxurious, low-maintenance condos to the award-winning community of Twin Hickory. Homeowners will enjoy a lock-and-go lifestyle with exterior maintenance and lawn care included, so you can say, goodbye to yard work! In addition, you can spend more time at the fabulous Twin Hickory community amenities, including resort-inspired pools, playgrounds, a pavilion and tennis courts. No matter your stage of life, we have you covered with one or two-level home designs featuring one to three bedrooms and a private entrance. With spacious and flexible layouts, creating the perfect home office or dedicated workspace for working from home is a breeze. First-floor living plans and attached garages are available for added convenience.

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