308 Nannie Burton RdLouisaVA23093
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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 Louisa at 308 Nannie Burton Rd, Louisa, VA, 23093 uses $77,903 cash to close to unlock $3,749/yr annual cash flow and $312/mo monthly cash flow. Total monthly income runs $1,717/mo, and a $1,150/mo payment keeps the spread at $312/mo. Purchase price stands at $235,000, and rental yield measures 8.77% with $1,717/mo rent. Return on cash invested shows 24.72% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 128.4% and total cumulative return in cash records $100,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,717/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1966
3.47 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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Listed by: Jamie White • JAMIE WHITE REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #662201
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.