5422 Lankford HwyNew ChurchVA23415
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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 New Church at 5422 Lankford Hwy, New Church, VA, 23415 earns $282/mo cash flow from $1,711/mo rent with a $1,170/mo payment. Total monthly income totals $1,711/mo, and annual cash flow totals $3,385/yr on $79,229 capital. ROI tracks 24.18% on current figures, and rental yield reads 8.59% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 125.53% and total cumulative return in cash sums $99,456. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,711/mo property income instead of your personal income.
Single Family
Built in 1970
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23415, New Church, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,168 (100%) |
| Owner Occupied HU | 981 (31.0%) |
| Renter Occupied HU | 430 (13.6%) |
| Vacant Housing Units | 1,757 (55.5%) |
| Median Home Value | $204,241 |
| Average Home Value | $345,413 |
Housing Distribution
Address Breakdown
Residential
655
Single Family
655
Multi-Family
0
Businesses
62
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Listed by: Angie Conklin Abell • BEACH BAY REALTY, LLC
Mls Name: Eastern Shore AOR
Mls Provider:
Mls ID: #63483
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.