5008 Colonial TpkeGlade HillVA24092
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
Investment Highlights
Rental property for sale in Glade Hill at 5008 Colonial Tpke, Glade Hill, VA, 24092 offers $1,132/mo rent that, after a $734/mo payment, leaves $229/mo cash flow. Total monthly income is $1,132/mo, and annual cash flow is $2,748/yr on $49,692 cash. Return on cash invested measures 25.44% in year one, and rental yield stands at 9.06% at a $149,900 entry. Equity gained on principal adds $967/yr while 5% annual appreciation compounds into $41,415 by year five. Five-year ROI records 132.28% and total cumulative return in cash reaches $65,735. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,132/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.80 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: Angie Mcghee • MKB, REALTORS(r) - FRANKLIN CO
Mls Name: RVAR
Mls Provider:
Mls ID: #910851
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