21081 Lyers LnDamascusVA24236
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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 Damascus at 21081 Lyers Ln, Damascus, VA, 24236 uses $72,930 cash to close to unlock $7,712/yr annual cash flow and $643/mo monthly cash flow. Total monthly income runs $1,958/mo, and a $1,077/mo payment keeps the spread at $643/mo. Purchase price stands at $220,000, and rental yield measures 10.68% with $1,958/mo rent. Return on cash invested shows 30.48% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 159.29% and total cumulative return in cash records $116,171. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,958/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24236, Damascus, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,590 (100%) |
| Owner Occupied HU | 912 (57.4%) |
| Renter Occupied HU | 383 (24.1%) |
| Vacant Housing Units | 295 (18.6%) |
| Median Home Value | $242,958 |
| Average Home Value | $274,224 |
Housing Distribution
Address Breakdown
Residential
1,230
Single Family
1,085
Multi-Family
145
Businesses
91
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