2713 Rainbow Cir, Lynchburg, VA, 24501 | $1/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2713 Rainbow Cir, Lynchburg, VA, 24501 | $1/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Lynchburg at 2713 Rainbow Cir, Lynchburg, VA, 24501 uses $99,417 cash to close to unlock $13/yr annual cash flow and $1/mo monthly cash flow. Total monthly income runs $1,794/mo, and a $1,468/mo payment keeps the spread at $1/mo. Purchase price stands at $299,900, and rental yield measures 7.18% with $1,794/mo rent. Return on cash invested shows 19.92% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 102.69% and total cumulative return in cash records $102,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,794/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Single Family

Built in 2023

4,486 sqft lot

$N/A/sqft

No HOA

More details about the property

Constructed in 2023 this modern 2 story features a covered rear deck w/views of a green space,a spacious double width concrete driveway,a covered front porch & a prime cul-de-sac location.The main level offers an airy LR that flows into a kitchen eqquipped w/a large granite topped island w/breakfast bar, sink & SS appliances.Additiional 1st floor amenities include a formal DR W/French doors to the covered deck,pantry,laundry closet(stacked washer/dryer remain),storage area under the stairs & a half bath.Upstairs the expansive primary bdrm offers a stunning ensuite bath w/a floor to ceiling tiled glass doored shower,double sink granite vanity & walk in closet.2 additional bdrms + a full hall bath w/ tiled shower walls & granite topped sink complete the 2nd floor.The home features vinyl plank flooring throughout the 1st floor & bathrooms w/carpet on the stairs,hall & in the bdrms.A crawlspace provides storage for yard tools.Conveniently located within waling distance to restaurants

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