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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lexington at 22 Southfork Ln, Lexington, VA, 24450 listed at $299,000 pairs $2,508/mo rent with a $1,463/mo payment to leave $721/mo cash flow. Total monthly income runs $2,508/mo, and annual cash flow reaches $8,653/yr on $99,119 cash to close. Return on cash invested measures 28.64% in year one, and rental yield registers 10.07% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 149.43% and total cumulative return in cash totals $148,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,508/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24450, Lexington, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,782 (100%) |
| Owner Occupied HU | 4,502 (57.9%) |
| Renter Occupied HU | 2,172 (27.9%) |
| Vacant Housing Units | 1,108 (14.2%) |
| Median Home Value | $336,486 |
| Average Home Value | $408,309 |
Residential
7,170
Single Family
6,534
Multi-Family
636
Businesses
808
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $299,000 |
| 2017-06-12 | Sold | $185,000 |
| 2017-03-30 | Listed for sale | $190,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-30 | N/A | N/A | $260,200 | N/A |
| 2022-04-30 | N/A | N/A | $260,200 | 50.32% |
| 2021-04-30 | N/A | N/A | $173,100 | N/A |
What's Special
Scuttle
Listed by: Kara F. Braddick • James Wm. Moore Real Estate Co.
Mls Name: Rockbridge Highlands REALTORS
Mls Provider:
Mls ID: #139227
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Rockbridge Highland Realtors. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Copyright 2025 Rockbridge Highland Realtors. All rights reserved.
