Raleigh Plan, Gloucester Town CommonsGloucesterVA23061
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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 Gloucester at Raleigh Plan, Gloucester Town Commons, Gloucester, VA, 23061 priced at $522,990 pairs $2,640/mo rent with after a $2,560/mo payment. Total monthly income equals $2,640/mo. Return on cash invested is 16.67% in year one, and rental yield stands at 6.06% on a $522,990 basis. Equity gained on principal adds $3,375/yr, and 5% annual appreciation accumulates to $144,492 by year five. Five-year ROI measures 85.15% and total cumulative return in cash reaches $146,510. For financing, Ziffy Mortgage’s DSCR program evaluates $2,640/mo property income against a $2,560/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A 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: Kristina, Kyle, Amanda, Tara, Caity, and Leslie Ri • Eastwood Homes
Mls Name: Eastwood Homes
Mls Provider:
Mls ID: #N/A