1735 Shaffer StLynchburgVA24501
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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 1735 Shaffer St, Lynchburg, VA, 24501 earns $592/mo cash flow from $1,922/mo rent with a $1,089/mo payment. Total monthly income totals $1,922/mo, and annual cash flow totals $7,104/yr on $73,759 capital. ROI tracks 29.54% on current figures, and rental yield reads 10.37% at a $222,500 purchase. Equity gained on principal adds $1,436/yr, and 5% annual appreciation supports $61,473 over five years. Five-year ROI reaches 154.21% and total cumulative return in cash sums $113,740. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,922/mo property income instead of your personal income.
Single Family
Built in 1920
7,666 sqft 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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Listed by: Tim Bushnell • Keller Williams
Mls Name: LMLS
Mls Provider:
Mls ID: #362224
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.