294 & 262 Freshwater Cove LnLovingstonVA22949
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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 Lovingston at 294 & 262 Freshwater Cove Ln, Lovingston, VA, 22949 offers a 0% rental yield on a $1,450,000 purchase with $0/mo rent. 77% in year one. Equity gained on principal adds $9,357/yr while 5% annual appreciation supports $400,608 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $7,097/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1835
35.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22949, Lovingston, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 728 (100%) |
| Owner Occupied HU | 429 (58.9%) |
| Renter Occupied HU | 153 (21.0%) |
| Vacant Housing Units | 146 (20.1%) |
| Median Home Value | $447,895 |
| Average Home Value | $535,128 |
Housing Distribution
Address Breakdown
Residential
546
Single Family
546
Multi-Family
0
Businesses
128
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Listed by: CRAIG SPICER • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Mls Name: CAAR
Mls ID: #672288