103 E 4th AveLawrencevilleVA23868
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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
Rental property for sale in Lawrenceville at 103 E 4th Ave, Lawrenceville, VA, 23868 generates $1,872/mo in rent and, after a $979/mo payment, leaves $676/mo in cash flow. Total monthly income is $1,872/mo, and annual cash flow is $8,116/yr on $66,300 invested. Return on cash invested sits at 32.15% in year one, and rental yield is 11.23% on a $199,999 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 168.27% and total cumulative return in cash sums $111,560. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,872/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23868, Lawrenceville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,554 (100%) |
| Owner Occupied HU | 1,517 (59.4%) |
| Renter Occupied HU | 644 (25.2%) |
| Vacant Housing Units | 393 (15.4%) |
| Median Home Value | $147,881 |
| Average Home Value | $175,932 |
Housing Distribution
Address Breakdown
Residential
2,042
Single Family
2,042
Multi-Family
0
Businesses
242
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Nearby investment properties with comparable prices
Listed by: Alyssa Harper-Hayes • The Pointe Realty Group (Littleton)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #140323