18 Turtle StGum SpringVA23065
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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
Rental property for sale in Gum Spring at 18 Turtle St, Gum Spring, VA, 23065 generates $1,502/mo in rent, after a $1,346/mo payment. Total monthly income is $1,502/mo. Return on cash invested sits at 18.05% in year one, and rental yield is 6.56% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 92.67% and total cumulative return in cash sums $84,447. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,502/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23065, Gum Spring, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 701 (100%) |
| Owner Occupied HU | 572 (81.6%) |
| Renter Occupied HU | 70 ( 10.0%) |
| Vacant Housing Units | 59 ( 8.4%) |
| Median Home Value | $337,037 |
| Average Home Value | $400,992 |
Housing Distribution
Address Breakdown
Residential
691
Single Family
691
Multi-Family
0
Businesses
37
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Listed by: Alex Belcher • Belcher Real Estate, LLC.
Mls Name: Bright MLS
Mls ID: #VALA2008988