232 Thomas RdLebanonVA24266
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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 at 232 Thomas Rd, Lebanon, VA, 24266 offers a 0% rental yield on a $260,000 purchase with $0/mo rent. 74% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24266, Lebanon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,071 (100%) |
| Owner Occupied HU | 2,756 (67.7%) |
| Renter Occupied HU | 837 (20.6%) |
| Vacant Housing Units | 478 (11.7%) |
| Median Home Value | $166,692 |
| Average Home Value | $193,689 |
Housing Distribution
Address Breakdown
Residential
3,422
Single Family
3,422
Multi-Family
0
Businesses
367
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