1249 N Lakeshore DrLouisaVA23093
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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 Louisa at 1249 N Lakeshore Dr, Louisa, VA, 23093 priced at $499,700 converts $1,333/mo rent into after a $2,446/mo obligation. Total monthly income equals $1,333/mo. Return on cash invested prints 7.06% in year one, and rental yield reads 3.2% against a $499,700 entry. Equity gained on principal adds $3,224/yr, while 5% annual appreciation compiles into $138,058 by year five. Five-year ROI reaches 34% and total cumulative return in cash sums $56,314. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,333/mo property income covering a $2,446/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.32 Acres lot
$N/A/sqft
$1,430 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23093, Louisa, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,475 (100%) |
| Owner Occupied HU | 4,481 (69.2%) |
| Renter Occupied HU | 1,320 (20.4%) |
| Vacant Housing Units | 674 (10.4%) |
| Median Home Value | $293,370 |
| Average Home Value | $342,671 |
Housing Distribution
Address Breakdown
Residential
6,052
Single Family
6,010
Multi-Family
42
Businesses
379
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