70 Elm PlClarksvilleVA23927
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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 Clarksville at 70 Elm Pl, Clarksville, VA, 23927 offers a 2.43% rental yield on a $1,790,000 purchase with $3,628/mo rent. 71% in year one. Equity gained on principal adds $11,551/yr while 5% annual appreciation supports $494,544 over five years. Portfolio math shows five-year ROI at 26.32% and total cumulative return in cash at $152,656. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,628/mo property income against a $8,761/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.60 Acres lot
$N/A/sqft
$160 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23927, Clarksville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,539 (100%) |
| Owner Occupied HU | 1,613 (45.6%) |
| Renter Occupied HU | 504 (14.2%) |
| Vacant Housing Units | 1,422 (40.2%) |
| Median Home Value | $311,316 |
| Average Home Value | $370,203 |
Housing Distribution
Address Breakdown
Residential
2,488
Single Family
2,488
Multi-Family
0
Businesses
263
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Listed by: J.C. Eldreth • Pointe Realty Group Kerr Lake
Mls Name: Southern Piedmont Land & Lake AOR
Mls ID: #70952
Disclaimer: Copyright Southern Piedmont Land & Lake Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.