1246 Coan Harbour DrLottsburgVA22511
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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
Rental property for sale in Lottsburg at 1246 Coan Harbour Dr, Lottsburg, VA, 22511 generates $3,847/mo in rent, after a $5,281/mo payment. Total monthly income is $3,847/mo. Return on cash invested sits at 11.44% in year one, and rental yield is 4.28% on a $1,079,000 entry. Equity gained on principal adds $6,963/yr, while 5% annual appreciation builds toward $298,108 over five years. Five-year ROI reaches 57.03% and total cumulative return in cash sums $199,382. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,847/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22511, Lottsburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,093 (100%) |
| Owner Occupied HU | 511 (46.8%) |
| Renter Occupied HU | 87 ( 8.0%) |
| Vacant Housing Units | 495 (45.3%) |
| Median Home Value | $435,795 |
| Average Home Value | $501,482 |
Housing Distribution
Address Breakdown
Residential
660
Single Family
660
Multi-Family
0
Businesses
26
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