62 Crafts Church RdGlade HillVA24092
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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 Glade Hill at 62 Crafts Church Rd, Glade Hill, VA, 24092 priced at $131,200 pairs $1,799/mo rent with $1,015/mo cash flow after a $642/mo payment. Total monthly income equals $1,799/mo, and annual cash flow comes to $12,178/yr on $43,493 invested. Return on cash invested is 47.91% in year one, and rental yield stands at 16.45% on a $131,200 basis. Equity gained on principal adds $847/yr, and 5% annual appreciation accumulates to $36,248 by year five. Five-year ROI measures 252.72% and total cumulative return in cash reaches $109,915. For financing, Ziffy Mortgage’s DSCR program evaluates $1,799/mo property income against a $642/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1895
1.72 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: N/A • N/A
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