304 Garden RdBerryvilleVA22611
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
Rental property for sale in Berryville at 304 Garden Rd, Berryville, VA, 22611 priced at $265,000 converts $2,375/mo rent into $791/mo cash flow after a $1,297/mo obligation. Total monthly income equals $2,375/mo, and annual cash flow totals $9,491/yr on $87,848 invested. Return on cash invested prints 30.71% in year one, and rental yield reads 10.75% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 160.48% and total cumulative return in cash sums $140,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,375/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1965
2.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22611, Berryville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,066 (100%) |
| Owner Occupied HU | 2,984 (73.4%) |
| Renter Occupied HU | 849 (20.9%) |
| Vacant Housing Units | 233 ( 5.7%) |
| Median Home Value | $623,770 |
| Average Home Value | $646,185 |
Housing Distribution
Address Breakdown
Residential
3,993
Single Family
3,641
Multi-Family
352
Businesses
450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Page Boxwell • MarketPlace REALTY
Mls Name: Bright MLS
Mls ID: #VACL2006174