143 Lenox CirRoanokeVA24019
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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 Roanoke at 143 Lenox Cir, Roanoke, VA, 24019 priced at $324,950 converts $2,393/mo rent into $451/mo cash flow after a $1,590/mo obligation. Total monthly income equals $2,393/mo, and annual cash flow totals $5,412/yr on $107,721 invested. Return on cash invested prints 24.93% in year one, and rental yield reads 8.84% against a $324,950 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,778 by year five. Five-year ROI reaches 129.49% and total cumulative return in cash sums $139,485. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,393/mo property income covering a $1,590/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24019, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,090 (100%) |
| Owner Occupied HU | 9,043 (74.8%) |
| Renter Occupied HU | 2,470 (20.4%) |
| Vacant Housing Units | 577 ( 4.8%) |
| Median Home Value | $274,588 |
| Average Home Value | $316,585 |
Housing Distribution
Address Breakdown
Residential
12,100
Single Family
11,366
Multi-Family
734
Businesses
873
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