5738 Hickory Fork RdGloucesterVA23061
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 Gloucester at 5738 Hickory Fork Rd, Gloucester, VA, 23061 generates $2,228/mo in rent, after a $1,884/mo payment. Total monthly income is $2,228/mo. Return on cash invested sits at 19.22% in year one, and rental yield is 6.94% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 98.87% and total cumulative return in cash sums $126,190. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,228/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.51 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maurice Hadley • Abbitt Realty Company LLC
Mls Name: REIN Inc.
Mls ID: #10612965