3912 Old Franklin TpkeGlade HillVA24092
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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 Hill at 3912 Old Franklin Tpke, Glade Hill, VA, 24092 earns from $1,444/mo rent with a $1,468/mo payment. Total monthly income totals $1,444/mo. ROI tracks 15.7% on current figures, and rental yield reads 5.78% at a $299,999 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 79.98% and total cumulative return in cash sums $79,536. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,444/mo property income instead of your personal income.
Single Family
Built in 1950
0.49 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
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Listed by: Jackie Weddle • WAINWRIGHT & CO., REALTORS(r)- LAKE
Mls Name: RVAR
Mls Provider:
Mls ID: #917438
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