2941 White Chapel RdLancasterVA22503
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
Investment property for sale in Lancaster at 2941 White Chapel Rd, Lancaster, VA, 22503 offers a 11.86% rental yield on a $169,000 purchase with $1,670/mo rent. Total monthly income registers $1,670/mo, and a $827/mo payment leaves $660/mo available for distribution. Annual cash flow reaches $7,919/yr on $56,024 to close, and return on cash invested stands at 34.04% in year one. Equity gained on principal adds $1,091/yr while 5% annual appreciation supports $46,692 over five years. Portfolio math shows five-year ROI at 178.35% and total cumulative return in cash at $99,919. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,670/mo property income against a $827/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.27 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 |
Housing Distribution
Address Breakdown
Residential
2,139
Single Family
2,139
Multi-Family
0
Businesses
80
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices