2780 Lewiston Plank RdBurkevilleVA23922
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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
Investment property for sale in Burkeville at 2780 Lewiston Plank Rd, Burkeville, VA, 23922 offers a 6.42% rental yield on a $345,000 purchase with $1,846/mo rent. 63% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 90.4% and total cumulative return in cash at $103,384. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,846/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23922, Burkeville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,100 (100%) |
| Owner Occupied HU | 698 (63.5%) |
| Renter Occupied HU | 228 (20.7%) |
| Vacant Housing Units | 174 (15.8%) |
| Median Home Value | $241,538 |
| Average Home Value | $261,719 |
Housing Distribution
Address Breakdown
Residential
861
Single Family
861
Multi-Family
0
Businesses
57
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Listed by: Stephanie Senger • Meeks Realty
Mls Name: CVRMLS
Mls ID: #2518541