23 Greenwood 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 23 Greenwood Dr, Louisa, VA, 23093 priced at $379,700 pairs $2,376/mo rent with $107/mo cash flow after a $1,858/mo payment. Total monthly income equals $2,376/mo, and annual cash flow comes to $1,280/yr on $125,871 invested. Return on cash invested is 20.93% in year one, and rental yield stands at 7.51% on a $379,700 basis. Equity gained on principal adds $2,450/yr, and 5% annual appreciation accumulates to $104,904 by year five. Five-year ROI measures 108.02% and total cumulative return in cash reaches $135,962. For financing, Ziffy Mortgage’s DSCR program evaluates $2,376/mo property income against a $1,858/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1963
1.53 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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