284 Palmer DrLottsburgVA22511
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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 Lottsburg at 284 Palmer Dr, Lottsburg, VA, 22511 offers a 5.64% rental yield on a $699,000 purchase with $3,283/mo rent. 39% in year one. Equity gained on principal adds $4,511/yr while 5% annual appreciation supports $193,121 over five years. Portfolio math shows five-year ROI at 78.29% and total cumulative return in cash at $180,038. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,283/mo property income against a $3,421/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22511, Lottsburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,093 (100%) |
| Owner Occupied HU | 511 (46.8%) |
| Renter Occupied HU | 87 ( 8.0%) |
| Vacant Housing Units | 495 (45.3%) |
| Median Home Value | $435,795 |
| Average Home Value | $501,482 |
Housing Distribution
Address Breakdown
Residential
660
Single Family
660
Multi-Family
0
Businesses
26
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