6034 Gockley LnGloucesterVA23061
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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 Gloucester at 6034 Gockley Ln, Gloucester, VA, 23061 earns $281/mo cash flow from $1,118/mo rent with a $685/mo payment. Total monthly income totals $1,118/mo, and annual cash flow totals $3,377/yr on $46,377 capital. ROI tracks 27.19% on current figures, and rental yield reads 9.59% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 141.7% and total cumulative return in cash sums $65,715. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,118/mo property income instead of your personal income.
Single Family
Built in 1987
4.20 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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Listed by: Wendy F Hogge • Hogge Real Estate Inc
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #202600003