307 Hayfield DrLynchburgVA24503
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 307 Hayfield Dr, Lynchburg, VA, 24503 at $639,900 posts ROI 16.01% with from $3,118/mo rent. Total monthly income equals $3,118/mo. Return on cash invested measures 16.01% and rental yield reads 5.85% at the current $639,900. Equity gained on principal adds $4,129/yr, and 5% annual appreciation supports $176,793 by year five. Five-year ROI prints 81.61% and total cumulative return in cash totals $171,803. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,118/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
1.23 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24503, Lynchburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,753 (100%) |
| Owner Occupied HU | 5,886 (67.2%) |
| Renter Occupied HU | 2,166 (24.7%) |
| Vacant Housing Units | 701 ( 8.0%) |
| Median Home Value | $373,802 |
| Average Home Value | $446,243 |
Housing Distribution
Address Breakdown
Residential
8,610
Single Family
7,652
Multi-Family
958
Businesses
293
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael B LeVan • BHHS Dawson Ford Garbee
Mls Name: LMLS
Mls Provider:
Mls ID: #358156
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.