5430 Forge RdGlasgowVA24555
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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 Glasgow at 5430 Forge Rd, Glasgow, VA, 24555 earns from $1,330/mo rent with a $1,150/mo payment. Total monthly income totals $1,330/mo. ROI tracks 18.76% on current figures, and rental yield reads 6.79% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 96.45% and total cumulative return in cash sums $75,136. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,330/mo property income instead of your personal income.
Manufactured
Built in 1997
1.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24555, Glasgow, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,016 (100%) |
| Owner Occupied HU | 662 (65.2%) |
| Renter Occupied HU | 230 (22.6%) |
| Vacant Housing Units | 124 (12.2%) |
| Median Home Value | $171,316 |
| Average Home Value | $287,557 |
Housing Distribution
Address Breakdown
Residential
853
Single Family
821
Multi-Family
32
Businesses
40
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