103 Village Park CtLynchburgVA24501
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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 Lynchburg at 103 Village Park Ct, Lynchburg, VA, 24501 uses $89,472 cash to close to unlock $895/yr annual cash flow and $75/mo monthly cash flow. Total monthly income runs $1,688/mo, and a $1,321/mo payment keeps the spread at $75/mo. Purchase price stands at $269,900, and rental yield measures 7.51% with $1,688/mo rent. Return on cash invested shows 20.91% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 107.95% and total cumulative return in cash records $96,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,688/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Townhouse
Built in 1998
9,539 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24501, Lynchburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,071 (100%) |
| Owner Occupied HU | 5,098 (42.2%) |
| Renter Occupied HU | 5,720 (47.4%) |
| Vacant Housing Units | 1,253 (10.4%) |
| Median Home Value | $208,110 |
| Average Home Value | $229,646 |
Housing Distribution
Address Breakdown
Residential
12,488
Single Family
11,495
Multi-Family
993
Businesses
1,094
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