307 S Jefferson StLexingtonVA24450
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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 Lexington at 307 S Jefferson St, Lexington, VA, 24450 listed at $791,600 pairs $3,890/mo rent with a $3,874/mo payment. Total monthly income runs $3,890/mo. Return on cash invested measures 16.18% in year one, and rental yield registers 5.9% at a $791,600 basis. Equity gained on principal adds $5,108/yr, and annual property appreciation at 5% supports $218,704 by year five. Five-year ROI tracks 82.55% and total cumulative return in cash totals $214,990. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,890/mo property income relative to a $3,874/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 1887
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24450, Lexington, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,782 (100%) |
| Owner Occupied HU | 4,502 (57.9%) |
| Renter Occupied HU | 2,172 (27.9%) |
| Vacant Housing Units | 1,108 (14.2%) |
| Median Home Value | $336,486 |
| Average Home Value | $408,309 |
Housing Distribution
Address Breakdown
Residential
7,170
Single Family
6,534
Multi-Family
636
Businesses
808
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