3000 Roundelay RdLynchburgVA24502
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 Lynchburg at 3000 Roundelay Rd, Lynchburg, VA, 24502 uses $87,848 cash to close to unlock $5,123/yr annual cash flow and $427/mo monthly cash flow. Total monthly income runs $2,011/mo, and a $1,297/mo payment keeps the spread at $427/mo. Purchase price stands at $265,000, and rental yield measures 9.11% with $2,011/mo rent. Return on cash invested shows 25.74% in year one, and 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 133.83% and total cumulative return in cash records $117,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,011/mo property income covering a $1,297/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24502, Lynchburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,938 (100%) |
| Owner Occupied HU | 10,006 (50.2%) |
| Renter Occupied HU | 8,210 (41.2%) |
| Vacant Housing Units | 1,722 ( 8.6%) |
| Median Home Value | $245,190 |
| Average Home Value | $284,556 |
Housing Distribution
Address Breakdown
Residential
19,837
Single Family
18,077
Multi-Family
1,760
Businesses
1,706
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices