1311 Taylor StLynchburgVA24504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1311 Taylor St, Lynchburg, VA, 24504 earns $178/mo cash flow from $1,194/mo rent with a $832/mo payment. Total monthly income totals $1,194/mo, and annual cash flow totals $2,135/yr on $56,322 capital. ROI tracks 23.7% on current figures, and rental yield reads 8.43% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 122.9% and total cumulative return in cash sums $69,218. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,194/mo property income instead of your personal income.
Single Family
Built in 1915
4,930 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24504, Lynchburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,237 (100%) |
| Owner Occupied HU | 2,088 (39.9%) |
| Renter Occupied HU | 2,135 (40.8%) |
| Vacant Housing Units | 1,014 (19.4%) |
| Median Home Value | $210,823 |
| Average Home Value | $227,948 |
Housing Distribution
Address Breakdown
Residential
4,875
Single Family
4,287
Multi-Family
588
Businesses
546
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices