178 Bays Farm 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 178 Bays Farm Dr, Louisa, VA, 23093 offers $3,241/mo rent that, after a $1,700/mo payment, leaves $1,165/mo cash flow. Total monthly income is $3,241/mo, and annual cash flow is $13,976/yr on $115,163 cash. Return on cash invested measures 32.04% in year one, and rental yield stands at 11.2% at a $347,400 entry. Equity gained on principal adds $2,242/yr while 5% annual appreciation compounds into $95,980 by year five. Five-year ROI records 167.64% and total cumulative return in cash reaches $193,058. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,241/mo property income versus a $1,700/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
1.39 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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