17112 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 17112 The Glebe Ln, Charles City, VA, 23030 listed at $285,000 pairs $1,964/mo rent with a $1,395/mo payment to leave $260/mo cash flow. Total monthly income runs $1,964/mo, and annual cash flow reaches $3,123/yr on $94,478 cash to close. Return on cash invested measures 23.21% in year one, and rental yield registers 8.27% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 120.34% and total cumulative return in cash totals $113,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,964/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
2.14 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: Brent Christian • United Real Estate Richmond
Mls Name: CVRMLS
Mls ID: #2520066