126 Anderson LnLovingstonVA22949
Nearby investment properties with comparable rents
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
Investment Highlights
Rental property for sale in Lovingston at 126 Anderson Ln, Lovingston, VA, 22949 generates $1,710/mo in rent and, after a $1,394/mo payment, leaves $7/mo in cash flow. Total monthly income is $1,710/mo, and annual cash flow is $88/yr on $94,444 invested. Return on cash invested sits at 20% in year one, and rental yield is 7.2% on a $284,900 entry. Equity gained on principal adds $1,838/yr, while 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 103.09% and total cumulative return in cash sums $97,367. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,710/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22949, Lovingston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 728 (100%) |
| Owner Occupied HU | 429 (58.9%) |
| Renter Occupied HU | 153 (21.0%) |
| Vacant Housing Units | 146 (20.1%) |
| Median Home Value | $447,895 |
| Average Home Value | $535,128 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
546
Multi-Family
0
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Schmandt • OLD DOMINION REALTY INC - AUGUSTA
Mls Name: GASAOR
Mls Provider:
Mls ID: #663061
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.