32482 Spring Crest DrGlade 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 32482 Spring Crest Dr, Glade Spring, VA, 24340 earns $4/mo cash flow from $2,604/mo rent with a $2,129/mo payment. Total monthly income totals $2,604/mo, and annual cash flow totals $46/yr on $144,169 capital. ROI tracks 19.94% on current figures, and rental yield reads 7.19% at a $434,900 purchase. Equity gained on principal adds $2,806/yr, and 5% annual appreciation supports $120,155 over five years. Five-year ROI reaches 102.72% and total cumulative return in cash sums $148,097. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,604/mo property income instead of your personal income.
Single Family
Built in 2006
0.64 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: Robin Bise • Robin's Nest Realty, LLC
Mls Name: TVRMLS
Mls ID: #9986790