165 Old Tavern CirLynchburgVA24501
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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 165 Old Tavern Cir, Lynchburg, VA, 24501 uses $81,218 cash to close to unlock $979/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $1,546/mo, and a $1,199/mo payment keeps the spread at $82/mo. Purchase price stands at $245,000, and rental yield measures 7.57% with $1,546/mo rent. Return on cash invested shows 21.11% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 109.04% and total cumulative return in cash records $88,560. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,546/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Townhouse
Built in 2009
0.34 Acres lot
$N/A/sqft
No 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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