3221 Maryland AveLynchburgVA24501
Nearby investment properties with comparable rents
- 4 Bed
- 1 Bath
- 1120 sft
- 3 Bed
- 1 Bath
- 1276 sft
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 3221 Maryland Ave, Lynchburg, VA, 24501 listed at $139,500 pairs $1,107/mo rent with a $683/mo payment to leave $273/mo cash flow. Total monthly income runs $1,107/mo, and annual cash flow reaches $3,274/yr on $46,244 cash to close. Return on cash invested measures 26.99% in year one, and rental yield registers 9.52% at a $139,500 basis. Equity gained on principal adds $900/yr, and annual property appreciation at 5% supports $38,541 by year five. Five-year ROI tracks 140.53% and total cumulative return in cash totals $64,989. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,107/mo property income relative to a $683/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24501, Lynchburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,071 (100%) |
| Owner Occupied HU | 5,098 (42.2%) |
| Renter Occupied HU | 5,720 (47.4%) |
| Vacant Housing Units | 1,253 (10.4%) |
| Median Home Value | $208,110 |
| Average Home Value | $229,646 |
Housing Distribution
Address Breakdown
Residential
12,488
Single Family
11,495
Multi-Family
993
Businesses
1,094
Nearby investment properties with comparable rents
- 4 Bed
- 1 Bath
- 1120 sft
- 3 Bed
- 1 Bath
- 1276 sft
Nearby investment properties with comparable prices
Listed by: Travis Hundt • Cornerstone Realty Group Inc.
Mls Name: LMLS
Mls Provider:
Mls ID: #360872
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.