197AC Fox Hunt LnGloucesterVA23061
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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 Gloucester at 197AC Fox Hunt Ln, Gloucester, VA, 23061 with 5% annual appreciation on a $350,000 basis while $2,501/mo rent supports operations. Total monthly income totals $2,501/mo and a $1,713/mo payment preserves $409/mo for cash returns. Annual cash flow comes to $4,906/yr on $116,025 deployed, and return on cash invested reaches 24.14% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 8.57%. Five-year ROI measures 125.24% and total cumulative return in cash totals $145,310.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,501/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23061, Gloucester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,982 (100%) |
| Owner Occupied HU | 7,615 (76.3%) |
| Renter Occupied HU | 1,423 (14.3%) |
| Vacant Housing Units | 944 ( 9.5%) |
| Median Home Value | $364,933 |
| Average Home Value | $435,058 |
Housing Distribution
Address Breakdown
Residential
8,978
Single Family
8,947
Multi-Family
31
Businesses
581
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Listed by: R ReNaye Dame • Gloucester Realty Corporation
Mls Name: REIN Inc.
Mls ID: #10605351