1 Unexpected RdLexingtonVA24450
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lexington at 1 Unexpected Rd, Lexington, VA, 24450 priced at $422,500 converts $2,570/mo rent into $44/mo cash flow after a $2,068/mo obligation. Total monthly income equals $2,570/mo, and annual cash flow totals $531/yr on $140,059 invested. Return on cash invested prints 20.29% in year one, and rental yield reads 7.3% against a $422,500 entry. Equity gained on principal adds $2,726/yr, while 5% annual appreciation compiles into $116,729 by year five. Five-year ROI reaches 104.61% and total cumulative return in cash sums $146,520. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,570/mo property income covering a $2,068/mo payment, not borrower’s personal income.
Single Family
Built in 1920
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24450, Lexington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,782 (100%) |
| Owner Occupied HU | 4,502 (57.9%) |
| Renter Occupied HU | 2,172 (27.9%) |
| Vacant Housing Units | 1,108 (14.2%) |
| Median Home Value | $336,486 |
| Average Home Value | $408,309 |
Housing Distribution
Address Breakdown
Residential
7,170
Single Family
6,534
Multi-Family
636
Businesses
808
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