150 Northside ParkLouisaVA23093
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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 150 Northside Park, Louisa, VA, 23093 priced at $324,000 converts $2,671/mo rent into $734/mo cash flow after a $1,586/mo obligation. Total monthly income equals $2,671/mo, and annual cash flow totals $8,808/yr on $107,406 invested. Return on cash invested prints 28.11% in year one, and rental yield reads 9.89% against a $324,000 entry. Equity gained on principal adds $2,091/yr, while 5% annual appreciation compiles into $89,515 by year five. Five-year ROI reaches 146.52% and total cumulative return in cash sums $157,367. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,671/mo property income covering a $1,586/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.01 Acres lot
$N/A/sqft
No 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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