315 Shepherds Mill RdBerryvilleVA22611
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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
Investment property for sale in Berryville at 315 Shepherds Mill Rd, Berryville, VA, 22611 uses $102,434 cash to close to unlock $7,647/yr annual cash flow and $637/mo monthly cash flow. Total monthly income runs $2,484/mo, and a $1,512/mo payment keeps the spread at $637/mo. Purchase price stands at $309,000, and rental yield measures 9.65% with $2,484/mo rent. Return on cash invested shows 27.37% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 142.62% and total cumulative return in cash records $146,093. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,484/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.57 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
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Listed by: Jennifer Hoskins • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #VACL2006260