507 Barkman AveElktonVA22827
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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 507 Barkman Ave, Elkton, VA, 22827 earns $8/mo cash flow from $2,129/mo rent with a $1,737/mo payment. Total monthly income totals $2,129/mo, and annual cash flow totals $90/yr on $117,649 capital. ROI tracks 19.99% on current figures, and rental yield reads 7.2% at a $354,900 purchase. Equity gained on principal adds $2,290/yr, and 5% annual appreciation supports $98,052 over five years. Five-year ROI reaches 102.99% and total cumulative return in cash sums $121,168. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,129/mo property income instead of your personal income.
Single Family
Built in 1980
0.28 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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