172 Carter LnLouisaVA23093
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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 172 Carter Ln, Louisa, VA, 23093 priced at $546,950 converts $3,714/mo rent into $428/mo cash flow after a $2,677/mo obligation. Total monthly income equals $3,714/mo, and annual cash flow totals $5,134/yr on $179,947 invested. Return on cash invested prints 22.91% in year one, and rental yield reads 8.15% against a $546,950 entry. Equity gained on principal adds $3,529/yr, while 5% annual appreciation compiles into $151,112 by year five. Five-year ROI reaches 118.68% and total cumulative return in cash sums $213,564. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,714/mo property income covering a $2,677/mo payment, not borrower’s personal income.
Single Family
Built in 2006
2.76 Acres lot
$N/A/sqft
$200 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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Listed by: PATTI BEEKMAN • DIVINE FOG REALTY COMPANY LLC- ROANOKE
Mls Name: RVAR
Mls Provider:
Mls ID: #917200
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