225 Devonshire RdLynchburgVA24501
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
Investment Highlights
Rental property for sale in Lynchburg at 225 Devonshire Rd, Lynchburg, VA, 24501 priced at $150,000 converts $1,530/mo rent into $634/mo cash flow after a $734/mo obligation. Total monthly income equals $1,530/mo, and annual cash flow totals $7,602/yr on $49,725 invested. Return on cash invested prints 35.2% in year one, and rental yield reads 12.24% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 184.6% and total cumulative return in cash sums $91,794. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,530/mo property income covering a $734/mo payment, not borrower’s personal income.
Townhouse
Built in 1971
1,829 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices