67 Lentz Ln, Shipman, VA, 22971 | Equity Gain $1,613/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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67 Lentz Ln, Shipman, VA, 22971 | Equity Gain $1,613/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Shipman at 67 Lentz Ln, Shipman, VA, 22971 earns from $0/mo rent with a $1,224/mo payment. Total monthly income totals $0/mo. ROI tracks -1.74% on current figures, and rental yield reads 0% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.

Single Family

Built in 1940

1.72 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautifully restored two-story home on a spacious lot in the village of Shipman. Located just outside of Lovingston, it sits close the midpoint between Charlottesville and Lynchburg and is convenient to some of Nelson County's best attractions, such as Wintergreen Resort and the Rt. 151 craft beverage trail! The downstairs features a large living area with an open dining room and primary bedroom with attached bathroom and laundry area. Two additional bedrooms are upstairs, as well as another finished room that could serve as a playroom or storage area. A new front porch and side porch off the kitchen have been added. Other upgrades include new laminate flooring and carpet, new bathroom tile, replacement wiring and plumbing, new mini-splits, and a new water heater. A propane heater in the dining area serves as a backup heat source. The storage shed located to the left of the house is included with the sale. Exterior siding and roofing were professionally cleaned last year.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22971, Shipman, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	699 (100%)
Owner Occupied HU	426 (60.9%)
Renter Occupied HU	133 (19.0%)
Vacant Housing Units	140 (20.0%)
Median Home Value	$313,514
Average Home Value	$375,974