3092 W Riverside DrLanexaVA23089
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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 Lanexa at 3092 W Riverside Dr, Lanexa, VA, 23089 with 5% annual appreciation on a $980,000 basis while $0/mo rent supports operations. 74% in year one. Equity gained on principal adds $6,324/yr, and five-year appreciation sums $270,756 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $4,797/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23089, Lanexa, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,660 (100%) |
| Owner Occupied HU | 2,059 (77.4%) |
| Renter Occupied HU | 318 (12.0%) |
| Vacant Housing Units | 283 (10.6%) |
| Median Home Value | $563,914 |
| Average Home Value | $664,567 |
Housing Distribution
Address Breakdown
Residential
2,271
Single Family
2,271
Multi-Family
0
Businesses
51
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