2172 Gilmer LnToanoVA23168
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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 Toano at 2172 Gilmer Ln, Toano, VA, 23168 offers a 8.08% rental yield on a $399,990 purchase with $2,693/mo rent. Total monthly income registers $2,693/mo, and a $1,958/mo payment leaves $302/mo available for distribution. Annual cash flow reaches $3,620/yr on $132,597 to close, and return on cash invested stands at 22.64% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,510 over five years. Portfolio math shows five-year ROI at 117.21% and total cumulative return in cash at $155,413. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,693/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23168, Toano, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,337 (100%) |
| Owner Occupied HU | 2,804 (84.0%) |
| Renter Occupied HU | 388 (11.6%) |
| Vacant Housing Units | 145 ( 4.3%) |
| Median Home Value | $449,051 |
| Average Home Value | $550,194 |
Housing Distribution
Address Breakdown
Residential
3,516
Single Family
3,516
Multi-Family
0
Businesses
199
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