1351 Kelvin GrvGlasgowVA24555
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 Glasgow at 1351 Kelvin Grv, Glasgow, VA, 24555 listed at $159,000 pairs $1,273/mo rent with a $778/mo payment to leave $323/mo cash flow. Total monthly income runs $1,273/mo, and annual cash flow reaches $3,873/yr on $52,709 cash to close. Return on cash invested measures 27.26% in year one, and rental yield registers 9.61% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 142% and total cumulative return in cash totals $74,844. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,273/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24555, Glasgow, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,016 (100%) |
| Owner Occupied HU | 662 (65.2%) |
| Renter Occupied HU | 230 (22.6%) |
| Vacant Housing Units | 124 (12.2%) |
| Median Home Value | $171,316 |
| Average Home Value | $287,557 |
Housing Distribution
Address Breakdown
Residential
853
Single Family
821
Multi-Family
32
Businesses
40
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Nearby investment properties with comparable prices
Listed by: Mary Beth Harris • James River Realty - Lexington
Mls Name: Rockbridge Highlands REALTORS
Mls Provider:
Mls ID: #139194
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