312 Lexington AvePulaskiVA24301
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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
Rental property for sale in Pulaski at 312 Lexington Ave, Pulaski, VA, 24301 offers $1,008/mo rent that, after a $636/mo payment, leaves $231/mo cash flow. Total monthly income is $1,008/mo, and annual cash flow is $2,775/yr on $43,062 cash. Return on cash invested measures 26.35% in year one, and rental yield stands at 9.31% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 137.23% and total cumulative return in cash reaches $59,095. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,008/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Wendy Brown • RE/MAX 8 - Blacksburg
Mls Name: New River Valley AOR
Mls Provider:
Mls ID: #423441
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