9267 Lesterfield LnGlade SpringVA24340
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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
Total monthly income runs $1,260/mo, and a $1,082/mo payment. Purchase price stands at $221,000, and rental yield measures 6.84% with $1,260/mo rent. Return on cash invested shows 18.9% in year one, and 5% annual appreciation builds toward $61,058 over five years. Five-year ROI reaches 97.2% and total cumulative return in cash records $71,209. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,260/mo property income covering a $1,082/mo payment rather than investor’s personal income.
Manufactured
Built in 2014
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24340, Glade Spring, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,429 (100%) |
| Owner Occupied HU | 1,667 (68.6%) |
| Renter Occupied HU | 482 (19.8%) |
| Vacant Housing Units | 280 (11.5%) |
| Median Home Value | $189,556 |
| Average Home Value | $215,832 |
Housing Distribution
Address Breakdown
Residential
2,202
Single Family
2,202
Multi-Family
0
Businesses
105
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Listed by: Jason Harris • The Mahaffey Agency
Mls Name: SWVAR
Mls Provider:
Mls ID: #98311
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.