4056 E Point RdElktonVA22827
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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 Elkton at 4056 E Point Rd, Elkton, VA, 22827 uses $91,129 cash to close to unlock $5,714/yr annual cash flow and $476/mo monthly cash flow. Total monthly income runs $2,119/mo, and a $1,346/mo payment keeps the spread at $476/mo. Purchase price stands at $274,900, and rental yield measures 9.25% with $2,119/mo rent. Return on cash invested shows 26.18% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 136.23% and total cumulative return in cash records $124,143. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,119/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1939
1.15 Acres 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
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