464 Carter LnLouisaVA23093
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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 464 Carter Ln, Louisa, VA, 23093 priced at $585,000 pairs $2,964/mo rent with after a $2,863/mo payment. Total monthly income equals $2,964/mo. Return on cash invested is 16.74% in year one, and rental yield stands at 6.08% on a $585,000 basis. Equity gained on principal adds $3,775/yr, and 5% annual appreciation accumulates to $161,625 by year five. Five-year ROI measures 85.54% and total cumulative return in cash reaches $164,634. For financing, Ziffy Mortgage’s DSCR program evaluates $2,964/mo property income against a $2,863/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2006
3.80 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: Jordan Summers • FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Mls Name: CAAR
Mls Provider:
Mls ID: #661724
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.