1419 Ashbourne DrLynchburgVA24501
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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 1419 Ashbourne Dr, Lynchburg, VA, 24501 uses $59,637 cash to close to unlock $4,009/yr annual cash flow and $334/mo monthly cash flow. Total monthly income runs $1,530/mo, and a $881/mo payment keeps the spread at $334/mo. Purchase price stands at $179,900, and rental yield measures 10.21% with $1,530/mo rent. Return on cash invested shows 26.63% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 139.58% and total cumulative return in cash records $83,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,530/mo property income covering a $881/mo payment rather than investor’s personal income.
Townhouse
Built in 1982
2,700 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24501, Lynchburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,071 (100%) |
| Owner Occupied HU | 5,098 (42.2%) |
| Renter Occupied HU | 5,720 (47.4%) |
| Vacant Housing Units | 1,253 (10.4%) |
| Median Home Value | $208,110 |
| Average Home Value | $229,646 |
Housing Distribution
Address Breakdown
Residential
12,488
Single Family
11,495
Multi-Family
993
Businesses
1,094
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Listed by: Michelle Wingo Stebbings • Century 21 ALL-SERVICE-FOR
Mls Name: LMLS
Mls Provider:
Mls ID: #358471
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.