932 Fitzlee StGlasgowVA24555
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 932 Fitzlee St, Glasgow, VA, 24555 in Glasgow. Priced at $184,900, it generates $1,935/mo in gross rent and $830/mo in net monthly cash flow, a 12.56% yield that comfortably supports the 2.33 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $9,956. Five-year appreciation: $51,084. Equity from principal paydown: $1,703/yr. Total projected cumulative return: $123,368.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.6% | 6.2% |
| Monthly Cash Flow | $830 | $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 | $1,935 |
| Total Monthly Debt Service | $1,032 |
| DSCR Ratio | 1.88x |
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 1966
9,375 sqft 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 1966
9,375 sqft 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: Dennis Hawes, NRBA, A*REO • Home Realty Buena Vista
Mls Name: Rockbridge Highlands REALTORS
Mls Provider:
Mls ID: #138926
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