305 Willow Oaks DrElktonVA22827
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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 Elkton at 305 Willow Oaks Dr, Elkton, VA, 22827 priced at $304,900 pairs $2,193/mo rent with $367/mo cash flow after a $1,492/mo payment. Total monthly income equals $2,193/mo, and annual cash flow comes to $4,398/yr on $101,074 invested. Return on cash invested is 24.26% in year one, and rental yield stands at 8.63% on a $304,900 basis. Equity gained on principal adds $1,967/yr, and 5% annual appreciation accumulates to $84,238 by year five. Five-year ROI measures 125.93% and total cumulative return in cash reaches $127,286. For financing, Ziffy Mortgage’s DSCR program evaluates $2,193/mo property income against a $1,492/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
$50 annually 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
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