211 Warren AveLynchburgVA24501
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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 Lynchburg at 211 Warren Ave, Lynchburg, VA, 24501 priced at $181,900 converts $1,794/mo rent into $707/mo cash flow after a $890/mo obligation. Total monthly income equals $1,794/mo, and annual cash flow totals $8,483/yr on $60,300 invested. Return on cash invested prints 33.98% in year one, and rental yield reads 11.84% against a $181,900 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation compiles into $50,256 by year five. Five-year ROI reaches 178.01% and total cumulative return in cash sums $107,341. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,794/mo property income covering a $890/mo payment, not borrower’s personal income.
Single Family
Built in 1930
6,098 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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