227 Mile Ridge EstsLebanon ChurchVA22641
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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 Lebanon Church at 227 Mile Ridge Ests, Lebanon Church, VA, 22641 with 5% annual appreciation on a $650,000 basis while $2,401/mo rent supports operations. 73% in year one. Equity gained on principal adds $4,194/yr, and five-year appreciation sums $179,583 alongside rental yield of 4.43%. Five-year ROI measures 58.67% and total cumulative return in cash totals $125,474. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,401/mo property income versus a $3,181/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
15.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22641, Strasburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 136 (100%) |
| Owner Occupied HU | 99 (72.8%) |
| Renter Occupied HU | 13 ( 9.6%) |
| Vacant Housing Units | 24 (17.6%) |
| Median Home Value | $360,417 |
| Average Home Value | $403,990 |
Housing Distribution
Address Breakdown
Residential
122
Single Family
122
Multi-Family
0
Businesses
3
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Listed by: Craig Alexander • Coldwell Banker Premier
Mls Name: Bright MLS
Mls ID: #VASH2012712