5827 Cove Landing Rd APT 201BurkeVA22015
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 5827 Cove Landing Rd APT 201, Burke, VA, 22015 in Burke worth modelling. At $299,900 with a 8.51% gross yield, the $2,128/mo rent leaves $113/mo after the $1,349/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.58 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $82,857 by year five; $2,762/yr in principal reduction adds further equity. Total projected return: $135,031.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 6.2% |
| Monthly Cash Flow | $113 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,128 |
| Total Monthly Debt Service | $1,673 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22015, Burke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,726 (100%) |
| Owner Occupied HU | 12,170 (82.6%) |
| Renter Occupied HU | 2,131 (14.5%) |
| Vacant Housing Units | 425 ( 2.9%) |
| Median Home Value | $725,573 |
| Average Home Value | $752,956 |
Housing Distribution
Address Breakdown
Residential
14,892
Single Family
13,876
Multi-Family
1,016
Businesses
482
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Nearby investment properties with comparable prices
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
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22015, Burke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,726 (100%) |
| Owner Occupied HU | 12,170 (82.6%) |
| Renter Occupied HU | 2,131 (14.5%) |
| Vacant Housing Units | 425 ( 2.9%) |
| Median Home Value | $725,573 |
| Average Home Value | $752,956 |
Housing Distribution
Address Breakdown
Residential
14,892
Single Family
13,876
Multi-Family
1,016
Businesses
482
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices