1672 E Main StLebanonVA24266
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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 Lebanon at 1672 E Main St, Lebanon, VA, 24266 offers $1,408/mo rent that, after a $1,319/mo payment. Total monthly income is $1,408/mo. Return on cash invested measures 17.18% in year one, and rental yield stands at 6.27% at a $269,500 entry. Equity gained on principal adds $1,739/yr while 5% annual appreciation compounds into $74,458 by year five. Five-year ROI records 87.99% and total cumulative return in cash reaches $78,612. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,408/mo property income versus a $1,319/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24266, Lebanon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,071 (100%) |
| Owner Occupied HU | 2,756 (67.7%) |
| Renter Occupied HU | 837 (20.6%) |
| Vacant Housing Units | 478 (11.7%) |
| Median Home Value | $166,692 |
| Average Home Value | $193,689 |
Housing Distribution
Address Breakdown
Residential
3,422
Single Family
3,422
Multi-Family
0
Businesses
367
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Listed by: Bee Stuart • Stuart & Assoc
Mls Name: TVRMLS
Mls ID: #9977277
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