1506 Fitzlee StGlasgowVA24555
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1506 Fitzlee St, Glasgow, VA, 24555 in Glasgow is a solid income-producing rental, 9.06% gross yield, $1,057/mo rent, $220/mo net cash flow on a $140,000 buy. DSCR 1.68 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $38,679 and $1,289/yr in principal reduction project a total cumulative return of $67,128.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $220 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,057 |
| Total Monthly Debt Service | $781 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
9,365 sqft 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
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
Single Family
Built in 1973
9,365 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael B LeVan • BHHS Dawson Ford Garbee
Mls Name: LMLS
Mls Provider:
Mls ID: #355225
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.