3779 Old Franklin TpkeGlade HillVA24092
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 3779 Old Franklin Tpke, Glade Hill, VA, 24092 in Glade Hill at $249,500 earns $1,649/mo in rent and nets $157/mo after the $1,122/mo payment, a 7.93% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $68,932 over five years. Ziffy Mortgage underwrites this on a 1.47 DSCR without U.S. credit history. With $2,298/yr in principal paydown, total projected return reaches $104,513.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.2% |
| Monthly Cash Flow | $157 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,649 |
| Total Monthly Debt Service | $1,392 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1962
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24092, Glade Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,623 (100%) |
| Owner Occupied HU | 1,097 (67.6%) |
| Renter Occupied HU | 304 (18.7%) |
| Vacant Housing Units | 222 (13.7%) |
| Median Home Value | $255,044 |
| Average Home Value | $381,563 |
Housing Distribution
Address Breakdown
Residential
1,303
Single Family
1,303
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1962
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24092, Glade Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,623 (100%) |
| Owner Occupied HU | 1,097 (67.6%) |
| Renter Occupied HU | 304 (18.7%) |
| Vacant Housing Units | 222 (13.7%) |
| Median Home Value | $255,044 |
| Average Home Value | $381,563 |
Housing Distribution
Address Breakdown
Residential
1,303
Single Family
1,303
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: RVAR
Mls ID: #925384