The Iris Plan, River MillAllenVA23059
Nearby investment properties with comparable rents
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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
Investment property for sale in Allen at The Iris Plan, River Mill, Allen, VA, 23059 at $634,900 posts ROI 17.23% with from $3,383/mo rent. Total monthly income equals $3,383/mo. Return on cash invested measures 17.23% and rental yield reads 6.39% at the current $634,900. Equity gained on principal adds $4,097/yr, and 5% annual appreciation supports $175,411 by year five. Five-year ROI prints 88.37% and total cumulative return in cash totals $184,585. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,383/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
N/A lot
$N/A/sqft
$79 monthly 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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