622 Front St, Lovingston, VA, 22949 | $924/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

622 Front St, Lovingston, VA, 22949 | $924/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
4 Bath
4568 sft

355 Dyson Rd, Amherst, VA, 24521

3 Bed
4 Bath
4778 sft

119 Ralls Apple Rd, Madison Heights, VA, 24572

4 Bed
5 Bath
3314 sft

2288 Lexington Tpke, Amherst, VA, 24521

5 Bed
4 Bath
2775 sft

295 Quail Run, Amherst, VA, 24521

Nearby investment properties with comparable prices

4 Bed
1 Bath
3872 sft

1962 N Amherst Hwy #&-1966, Amherst, VA, 24521

3 Bed
2 Bath
2008 sft

412 Nelmonte Ln, Arrington, VA, 22922

4 Bed
6 Bath
3252 sft

216 Trents Landing Rd, Madison Heights, VA, 24572

5 Bed
4 Bath
2775 sft

295 Quail Run, Amherst, VA, 24521

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Lovingston at 622 Front St, Lovingston, VA, 22949 priced at $450,000 pairs $3,614/mo rent with $924/mo cash flow after a $2,203/mo payment. Total monthly income equals $3,614/mo, and annual cash flow comes to $11,082/yr on $149,175 invested. Return on cash invested is 27.34% in year one, and rental yield stands at 9.64% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 142.4% and total cumulative return in cash reaches $212,430. For financing, Ziffy Mortgage’s DSCR program evaluates $3,614/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1825

4,356 sqft lot

$N/A/sqft

No HOA

More details about the property

Originally built circa 1825, this property has served many roles over the years, each adding to its unique charm! In its earliest days, it was a way station for travelers and their horses with the street level serving as stables and the upper floor as a small hotel. Later it became a pharmacy and private residence, remembered fondly by locals for the classic fountain drinks once served. Steeped in local history and community memories, this property is truly a landmark in town. Today the building blends historic charm with modern updates in its thoughtful renovations including new roof, kitchen, bathrooms, HVAC units, rear deck, refinished hardwood floors, renovated ground level and updated landscaping. This historic property offers over two centuries of character along with modern conveniences making it ideal for a wide range of uses ~ residential, commercial or mixed-use. Prime location on Front Street just steps away from the courthouse, bank, shops and restaurants in downtown Lovingston. Whether envisioned as a boutique inn, restaurant, professional offices or a one-of-a-kind residence, this landmark property is ready for its next chapter!

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