1916 Morattico RdLancasterVA22503
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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 1916 Morattico Rd, Lancaster, VA, 22503 priced at $220,000 pairs $1,520/mo rent with $205/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,520/mo, and annual cash flow comes to $2,456/yr on $72,930 invested. Return on cash invested is 23.28% in year one, and rental yield stands at 8.29% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 120.62% and total cumulative return in cash reaches $87,971. For financing, Ziffy Mortgage’s DSCR program evaluates $1,520/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
1.58 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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