2001 Lynn Ave SWRoanokeVA24014
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 2001 Lynn Ave SW, Roanoke, VA, 24014 in Roanoke is capital appreciation. Rental yield 1.19%. The 1.19% gross yield at $1,397,670 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $386,150 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.22) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $79,878.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.2% | 4.8% |
| Monthly Cash Flow | $(6,974) | $850 |
City averages based on Roanoke market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,381 |
| Total Monthly Debt Service | $7,799 |
| DSCR Ratio | 0.18x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1974
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24014, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,130 (100%) |
| Owner Occupied HU | 5,019 (61.7%) |
| Renter Occupied HU | 2,509 (30.9%) |
| Vacant Housing Units | 602 ( 7.4%) |
| Median Home Value | $350,159 |
| Average Home Value | $429,694 |
Housing Distribution
Address Breakdown
Residential
8,240
Single Family
6,803
Multi-Family
1,437
Businesses
620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Multi Family
Built in 1974
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24014, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,130 (100%) |
| Owner Occupied HU | 5,019 (61.7%) |
| Renter Occupied HU | 2,509 (30.9%) |
| Vacant Housing Units | 602 ( 7.4%) |
| Median Home Value | $350,159 |
| Average Home Value | $429,694 |
Housing Distribution
Address Breakdown
Residential
8,240
Single Family
6,803
Multi-Family
1,437
Businesses
620
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices