18015 Dreamers LnGlade SpringVA24340
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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 Spring at 18015 Dreamers Ln, Glade Spring, VA, 24340 earns $70/mo cash flow from $1,260/mo rent with a $974/mo payment. Total monthly income totals $1,260/mo, and annual cash flow totals $845/yr on $65,969 capital. ROI tracks 21.19% on current figures, and rental yield reads 7.6% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 109.48% and total cumulative return in cash sums $72,222. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,260/mo property income instead of your personal income.
Manufactured
Built in 2003
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24340, Glade Spring, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,429 (100%) |
| Owner Occupied HU | 1,667 (68.6%) |
| Renter Occupied HU | 482 (19.8%) |
| Vacant Housing Units | 280 (11.5%) |
| Median Home Value | $189,556 |
| Average Home Value | $215,832 |
Housing Distribution
Address Breakdown
Residential
2,202
Single Family
2,202
Multi-Family
0
Businesses
105
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Listed by: Samuel Blevins • Holston Realty, Inc
Mls Name: SWVAR
Mls ID: #100697