110 Walton 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
Investment property for sale in Lynchburg at 110 Walton Dr, Lynchburg, VA, 24502 earns $575/mo cash flow from $2,189/mo rent with a $1,322/mo payment. Total monthly income totals $2,189/mo, and annual cash flow totals $6,894/yr on $89,505 capital. ROI tracks 27.61% on current figures, and rental yield reads 9.73% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 143.9% and total cumulative return in cash sums $128,797. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,189/mo property income instead of your personal income.
Single Family
Built in 1964
0.94 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: Marlene Shelton-Giles • Re/Max 1st Olympic
Mls Name: LMLS
Mls Provider:
Mls ID: #360355
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.