109 Rowse DrLynchburgVA24502
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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 109 Rowse Dr, Lynchburg, VA, 24502 offers $2,034/mo rent that, after a $1,336/mo payment, leaves $282/mo cash flow. Total monthly income is $2,034/mo, and annual cash flow is $3,388/yr on $90,466 cash. Return on cash invested measures 23.65% in year one, and rental yield stands at 8.94% at a $272,900 entry. Equity gained on principal adds $1,761/yr while 5% annual appreciation compounds into $75,397 by year five. Five-year ROI records 123.25% and total cumulative return in cash reaches $111,504. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,034/mo property income versus a $1,336/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2012
2,003 sqft lot
$N/A/sqft
$120 monthly 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: Gary M. Foster • Gary Foster & Co. Realtors
Mls Name: LMLS
Mls Provider:
Mls ID: #359182
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.