7048 Lakeshore DrQuintonVA23141
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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 Quinton at 7048 Lakeshore Dr, Quinton, VA, 23141 uses $107,738 cash to close to unlock $2,099/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $2,118/mo, and a $1,591/mo payment keeps the spread at $175/mo. Purchase price stands at $325,000, and rental yield measures 7.82% with $2,118/mo rent. Return on cash invested shows 21.86% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 113% and total cumulative return in cash records $121,741. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,118/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23141, Quinton, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,470 (100%) |
| Owner Occupied HU | 3,020 (87.0%) |
| Renter Occupied HU | 308 ( 8.9%) |
| Vacant Housing Units | 142 ( 4.1%) |
| Median Home Value | $402,200 |
| Average Home Value | $493,671 |
Housing Distribution
Address Breakdown
Residential
3,276
Single Family
3,233
Multi-Family
43
Businesses
234
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