13220 The Glebe LnCharles CityVA23030
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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 Charles City at 13220 The Glebe Ln, Charles City, VA, 23030 uses $48,068 cash to close to unlock $3,095/yr annual cash flow and $258/mo monthly cash flow. Total monthly income runs $1,125/mo, and a $710/mo payment keeps the spread at $258/mo. Purchase price stands at $145,000, and rental yield measures 9.31% with $1,125/mo rent. Return on cash invested shows 26.35% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 137.07% and total cumulative return in cash records $65,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,125/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1961
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23030, Charles City, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,467 (100%) |
| Owner Occupied HU | 1,875 (76.0%) |
| Renter Occupied HU | 379 (15.4%) |
| Vacant Housing Units | 213 ( 8.6%) |
| Median Home Value | $286,942 |
| Average Home Value | $381,505 |
Housing Distribution
Address Breakdown
Residential
2,175
Single Family
2,175
Multi-Family
0
Businesses
180
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Listed by: Scott Martin • Virginia Capital Realty
Mls Name: CVRMLS
Mls ID: #2533039