307 Wexview Ln, Lynchburg, VA, 24502 | $540/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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307 Wexview Ln, Lynchburg, VA, 24502 | $540/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

Rental property for sale in Lynchburg at 307 Wexview Ln, Lynchburg, VA, 24502 priced at $249,900 converts $2,034/mo rent into $540/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $6,483/yr on $82,842 invested. Return on cash invested prints 27.74% in year one, and rental yield reads 9.77% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 144.57% and total cumulative return in cash sums $119,762. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,223/mo payment, not borrower’s personal income.

Townhouse

Built in 2001

1,611 sqft lot

$N/A/sqft

No HOA

More details about the property

Well-appointed townhome in Lynchburg featuring three levels of living space. Upstairs offers two bedrooms with cathedral ceilings, each with its own en suite bath. The finished basement includes a versatile room ideal for a home office. There is also a room that would be perfect for crafts or woodworking. Outdoor living is enhanced by a front porch, terrace-level porch, and a screened porch. This community also has easy access to Leesville Rd. Enjoy the community pool during the summer months. Come see this beautiful home, you'll want to make it your own!

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