216 Bibb StLouisaVA23093
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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 216 Bibb St, Louisa, VA, 23093 generates $3,011/mo in rent and, after a $1,784/mo payment, leaves $832/mo in cash flow. Total monthly income is $3,011/mo, and annual cash flow is $9,985/yr on $120,832 invested. Return on cash invested sits at 28.17% in year one, and rental yield is 9.91% on a $364,500 entry. Equity gained on principal adds $2,352/yr, while 5% annual appreciation builds toward $100,705 over five years. Five-year ROI reaches 146.9% and total cumulative return in cash sums $177,498. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,011/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
7,841 sqft 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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