147 Hickory Hill LnLancasterVA22503
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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 Lancaster at 147 Hickory Hill Ln, Lancaster, VA, 22503 priced at $325,000 pairs $3,037/mo rent with $1,094/mo cash flow after a $1,591/mo payment. Total monthly income equals $3,037/mo, and annual cash flow comes to $13,127/yr on $107,738 invested. Return on cash invested is 32.09% in year one, and rental yield stands at 11.21% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 167.89% and total cumulative return in cash reaches $180,877. For financing, Ziffy Mortgage’s DSCR program evaluates $3,037/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2007
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22503, Lancaster, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,877 (100%) |
| Owner Occupied HU | 1,619 (56.3%) |
| Renter Occupied HU | 292 (10.1%) |
| Vacant Housing Units | 966 (33.6%) |
| Median Home Value | $340,734 |
| Average Home Value | $399,256 |
Housing Distribution
Address Breakdown
Residential
2,139
Single Family
2,139
Multi-Family
0
Businesses
80
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