736 Fitzlee StGlasgowVA24555
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 736 Fitzlee St, Glasgow, VA, 24555 in Glasgow at $199,000 earns $1,235/mo in rent and nets $45/mo after the $895/mo payment, a 7.45% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $54,980 over five years. Ziffy Mortgage underwrites this on a 1.38 DSCR without U.S. credit history. With $1,833/yr in principal paydown, total projected return reaches $78,210.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.2% |
| Monthly Cash Flow | $45 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,235 |
| Total Monthly Debt Service | $1,110 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1965
0.35 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
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
Multi Family
Built in 1965
0.35 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Skip Ramsey • Ramsey Real Estate LC
Mls Name: Rockbridge Highlands REALTORS
Mls Provider:
Mls ID: #138601
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