802 Cherry Point RdLottsburgVA22511
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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 Lottsburg at 802 Cherry Point Rd, Lottsburg, VA, 22511 earns from $2,741/mo rent with a $8,272/mo payment. Total monthly income totals $2,741/mo. ROI tracks 4.24% on current figures, and rental yield reads 1.95% at a $1,690,000 purchase. Equity gained on principal adds $10,905/yr, and 5% annual appreciation supports $466,916 over five years. Five-year ROI reaches 18.42% and total cumulative return in cash sums $100,848. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,741/mo property income instead of your personal income.
Single Family
Built in 1954
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22511, Lottsburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,093 (100%) |
| Owner Occupied HU | 511 (46.8%) |
| Renter Occupied HU | 87 ( 8.0%) |
| Vacant Housing Units | 495 (45.3%) |
| Median Home Value | $435,795 |
| Average Home Value | $501,482 |
Housing Distribution
Address Breakdown
Residential
660
Single Family
660
Multi-Family
0
Businesses
26
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