2260 Iberis Rd, Lancaster, VA, 22503 | 3.04% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,505/mo, and a $2,912/mo payment. Purchase price stands at $595,000, and rental yield measures 3.04% with $1,505/mo rent. Return on cash invested shows 7.48% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 35.91% and total cumulative return in cash records $70,298. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $2,912/mo payment rather than investor’s personal income.

Single Family

Built in 1955

1.01 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 22503, Lancaster, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,877 (100%)
Owner Occupied HU	1,619 (56.3%)
Renter Occupied HU	292 (10.1%)
Vacant Housing Units	966 (33.6%)
Median Home Value	$340,734
Average Home Value	$399,256