162 Lake Pointe TrlGlade HillVA24092
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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 Glade Hill at 162 Lake Pointe Trl, Glade Hill, VA, 24092 earns from $4,222/mo rent with a $8,565/mo payment. Total monthly income totals $4,222/mo. ROI tracks 7.17% on current figures, and rental yield reads 2.9% at a $1,750,000 purchase. Equity gained on principal adds $11,292/yr, and 5% annual appreciation supports $483,493 over five years. Five-year ROI reaches 34.13% and total cumulative return in cash sums $193,521. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,222/mo property income instead of your personal income.
Single Family
Built in 2022
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24092, Glade Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,623 (100%) |
| Owner Occupied HU | 1,097 (67.6%) |
| Renter Occupied HU | 304 (18.7%) |
| Vacant Housing Units | 222 (13.7%) |
| Median Home Value | $255,044 |
| Average Home Value | $381,563 |
Housing Distribution
Address Breakdown
Residential
1,303
Single Family
1,303
Multi-Family
0
Businesses
53
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Listed by: KATHRYN PIGNATELLA • FIRST CHOICE REAL ESTATE LLC - HARDY
Mls Name: RVAR
Mls ID: #923377