189 Castle DrLebanonVA24266
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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 Lebanon at 189 Castle Dr, Lebanon, VA, 24266 with 5% annual appreciation on a $285,000 basis while $2,262/mo rent supports operations. Total monthly income totals $2,262/mo and a $1,395/mo payment preserves $558/mo for cash returns. Annual cash flow comes to $6,699/yr on $94,478 deployed, and return on cash invested reaches 27% in year one. Equity gained on principal adds $1,839/yr, and five-year appreciation sums $78,740 alongside rental yield of 9.52%. Five-year ROI measures 140.62% and total cumulative return in cash totals $132,858.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,262/mo property income versus a $1,395/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
N/A 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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