2058 Elk Horn RdWoodlawnVA24381
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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 Woodlawn at 2058 Elk Horn Rd, Woodlawn, VA, 24381 generates $916/mo in rent and, after a $582/mo payment, leaves $205/mo in cash flow. Total monthly income is $916/mo, and annual cash flow is $2,461/yr on $39,449 invested. Return on cash invested sits at 26.15% in year one, and rental yield is 9.24% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 136.14% and total cumulative return in cash sums $53,705. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $916/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24381, Woodlawn, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,030 (100%) |
| Owner Occupied HU | 1,343 (66.2%) |
| Renter Occupied HU | 338 (16.7%) |
| Vacant Housing Units | 349 (17.2%) |
| Median Home Value | $165,189 |
| Average Home Value | $202,608 |
Housing Distribution
Address Breakdown
Residential
1,848
Single Family
1,848
Multi-Family
0
Businesses
84
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