9247 Marlfield RdGloucesterVA23061
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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 9247 Marlfield Rd, Gloucester, VA, 23061 listed at $375,000 pairs $2,712/mo rent with a $1,835/mo payment to leave $471/mo cash flow. Total monthly income runs $2,712/mo, and annual cash flow reaches $5,649/yr on $124,313 cash to close. Return on cash invested measures 24.45% in year one, and rental yield registers 8.68% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 126.93% and total cumulative return in cash totals $157,791. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,712/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
1.85 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: Ford Cook • KW Allegiance
Mls Name: REIN Inc.
Mls ID: #10601857