15 Clark LnKilmarnockVA22482
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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 Kilmarnock at 15 Clark Ln, Kilmarnock, VA, 22482 priced at $285,000 pairs $1,974/mo rent with $270/mo cash flow after a $1,395/mo payment. Total monthly income equals $1,974/mo, and annual cash flow comes to $3,243/yr on $94,478 invested. Return on cash invested is 23.34% in year one, and rental yield stands at 8.31% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 121.01% and total cumulative return in cash reaches $114,330. For financing, Ziffy Mortgage’s DSCR program evaluates $1,974/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1956
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22482, Kilmarnock, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,780 (100%) |
| Owner Occupied HU | 1,051 (59.0%) |
| Renter Occupied HU | 255 (14.3%) |
| Vacant Housing Units | 474 (26.6%) |
| Median Home Value | $473,636 |
| Average Home Value | $521,606 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,296
Multi-Family
0
Businesses
363
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Listed by: David Edward Dew • IsaBell K. Horsley Real Estate
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #202600039