4599 Glenns RdGloucesterVA23061
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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
Rental property for sale in Gloucester at 4599 Glenns Rd, Gloucester, VA, 23061 priced at $170,000 pairs $1,279/mo rent with $263/mo cash flow after a $832/mo payment. Total monthly income equals $1,279/mo, and annual cash flow comes to $3,154/yr on $56,355 invested. Return on cash invested is 25.51% in year one, and rental yield stands at 9.03% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 132.59% and total cumulative return in cash reaches $74,721. For financing, Ziffy Mortgage’s DSCR program evaluates $1,279/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23061, Gloucester, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,982 (100%) |
| Owner Occupied HU | 7,615 (76.3%) |
| Renter Occupied HU | 1,423 (14.3%) |
| Vacant Housing Units | 944 ( 9.5%) |
| Median Home Value | $364,933 |
| Average Home Value | $435,058 |
Housing Distribution
Address Breakdown
Residential
8,978
Single Family
8,947
Multi-Family
31
Businesses
581
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