35275 Glove 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 35275 Glove Dr, Glade Spring, VA, 24340 earns from $1,260/mo rent with a $1,331/mo payment. Total monthly income totals $1,260/mo. ROI tracks 15.04% on current figures, and rental yield reads 5.56% at a $271,950 purchase. Equity gained on principal adds $1,755/yr, and 5% annual appreciation supports $75,135 over five years. Five-year ROI reaches 76.5% and total cumulative return in cash sums $68,965. 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.
Single Family
Built in 1974
4.54 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: Whitney Olinger • RE/MAX Results
Mls Name: SWVAR
Mls Provider:
Mls ID: #95530
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.