154 Lake View DrBacovaVA24412
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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 Bacova at 154 Lake View Dr, Bacova, VA, 24412 generates $1,563/mo in rent and, after a $972/mo payment, leaves $376/mo in cash flow. Total monthly income is $1,563/mo, and annual cash flow is $4,512/yr on $65,803 invested. Return on cash invested sits at 26.77% in year one, and rental yield is 9.45% on a $198,500 entry. Equity gained on principal adds $1,281/yr, while 5% annual appreciation builds toward $54,842 over five years. Five-year ROI reaches 139.33% and total cumulative return in cash sums $91,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,563/mo property income rather than buyer’s personal income.
Single Family
Built in 1922
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24412, Bacova, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 32 (100%) |
| Owner Occupied HU | 19 (59.4%) |
| Renter Occupied HU | 4 (12.5%) |
| Vacant Housing Units | 9 (28.1%) |
| Median Home Value | $215,000 |
| Average Home Value | $196,447 |
Housing Distribution
Address Breakdown
Residential
44
Single Family
1
Multi-Family
0
Businesses
1
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