11642 Deep Point LnGloucesterVA23061
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gloucester at 11642 Deep Point Ln, Gloucester, VA, 23061 earns $289/mo cash flow from $2,680/mo rent with a $1,958/mo payment. Total monthly income totals $2,680/mo, and annual cash flow totals $3,464/yr on $132,600 capital. ROI tracks 22.52% on current figures, and rental yield reads 8.04% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 116.57% and total cumulative return in cash sums $154,576. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,680/mo property income instead of your personal income.
Single Family
Built in 1995
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23061, Gloucester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,982 (100%) |
| Owner Occupied HU | 7,615 (76.3%) |
| Renter Occupied HU | 1,423 (14.3%) |
| Vacant Housing Units | 944 ( 9.5%) |
| Median Home Value | $364,933 |
| Average Home Value | $435,058 |
Housing Distribution
Address Breakdown
Residential
8,978
Single Family
8,947
Multi-Family
31
Businesses
581
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Listed by: Kandy Fisk • Abbitt Realty Company LLC
Mls Name: REIN Inc.
Mls ID: #10599589