224 Warwick LnLynchburgVA24503
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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 Lynchburg at 224 Warwick Ln, Lynchburg, VA, 24503 at $280,000 posts ROI 22.96% with $236/mo cash flow from $1,909/mo rent. Total monthly income equals $1,909/mo, and annual cash flow records $2,828/yr on $92,820 to close. Return on cash invested measures 22.96% and rental yield reads 8.18% at the current $280,000. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 by year five. Five-year ROI prints 118.92% and total cumulative return in cash totals $110,385.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,909/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1927
7,291 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24503, Lynchburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,753 (100%) |
| Owner Occupied HU | 5,886 (67.2%) |
| Renter Occupied HU | 2,166 (24.7%) |
| Vacant Housing Units | 701 ( 8.0%) |
| Median Home Value | $373,802 |
| Average Home Value | $446,243 |
Housing Distribution
Address Breakdown
Residential
8,610
Single Family
7,652
Multi-Family
958
Businesses
293
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