104 Beverly Hills CirLynchburgVA24502
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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 Lynchburg at 104 Beverly Hills Cir, Lynchburg, VA, 24502 priced at $267,000 pairs $2,320/mo rent with $724/mo cash flow after a $1,307/mo payment. Total monthly income equals $2,320/mo, and annual cash flow comes to $8,685/yr on $88,511 invested. Return on cash invested is 29.72% in year one, and rental yield stands at 10.43% on a $267,000 basis. Equity gained on principal adds $1,723/yr, and 5% annual appreciation accumulates to $73,767 by year five. Five-year ROI measures 155.18% and total cumulative return in cash reaches $137,347. For financing, Ziffy Mortgage’s DSCR program evaluates $2,320/mo property income against a $1,307/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24502, Lynchburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,938 (100%) |
| Owner Occupied HU | 10,006 (50.2%) |
| Renter Occupied HU | 8,210 (41.2%) |
| Vacant Housing Units | 1,722 ( 8.6%) |
| Median Home Value | $245,190 |
| Average Home Value | $284,556 |
Housing Distribution
Address Breakdown
Residential
19,837
Single Family
18,077
Multi-Family
1,760
Businesses
1,706
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Listed by: Dan Vollmer • Dwell
Mls Name: LMLS
Mls Provider:
Mls ID: #358998
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.