3270 Diascund Reservoir RdLanexaVA23089
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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 3270 Diascund Reservoir Rd, Lanexa, VA, 23089 listed at $205,000 pairs $2,609/mo rent with a $1,003/mo payment to leave $1,384/mo cash flow. Total monthly income runs $2,609/mo, and annual cash flow reaches $16,607/yr on $67,958 cash to close. Return on cash invested measures 44.35% in year one, and rental yield registers 15.27% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 233.61% and total cumulative return in cash totals $158,754. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,609/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Lot
Built in N/A
17.76 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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Listed by: Brent Christian • United Real Estate Richmond
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2424029
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.