202 Hill AveElktonVA22827
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
Investment Highlights
Investment property for sale in Elkton at 202 Hill Ave, Elkton, VA, 22827 listed at $250,000 pairs $1,873/mo rent with a $1,224/mo payment to leave $378/mo cash flow. Total monthly income runs $1,873/mo, and annual cash flow reaches $4,538/yr on $82,875 cash to close. Return on cash invested measures 25.38% in year one, and rental yield registers 8.99% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 131.98% and total cumulative return in cash totals $109,378. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,873/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22827, Elkton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,110 (100%) |
| Owner Occupied HU | 3,460 (67.7%) |
| Renter Occupied HU | 1,021 (20.0%) |
| Vacant Housing Units | 629 (12.3%) |
| Median Home Value | $327,435 |
| Average Home Value | $357,118 |
Housing Distribution
Address Breakdown
Residential
4,617
Single Family
4,562
Multi-Family
55
Businesses
270
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ivy Haines • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #658394
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.