121 Crescent DrLawrencevilleVA23868
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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 Lawrenceville at 121 Crescent Dr, Lawrenceville, VA, 23868 uses $99,119 cash to close to unlock $6,061/yr annual cash flow and $505/mo monthly cash flow. Total monthly income runs $2,292/mo, and a $1,463/mo payment keeps the spread at $505/mo. Purchase price stands at $299,000, and rental yield measures 9.2% with $2,292/mo rent. Return on cash invested shows 26.02% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 135.39% and total cumulative return in cash records $134,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.89 Acres 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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Listed by: Paige Thompson • eXp Realty, LLC-(C)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139326
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.