343 Fresh Meadow RdLawrencevilleVA23868
Nearby investment properties with comparable rents
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
Rental property for sale in Lawrenceville at 343 Fresh Meadow Rd, Lawrenceville, VA, 23868 priced at $220,000 pairs $1,746/mo rent with $431/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,746/mo, and annual cash flow comes to $5,168/yr on $72,930 invested. Return on cash invested is 27% in year one, and rental yield stands at 9.52% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 140.58% and total cumulative return in cash reaches $102,527. For financing, Ziffy Mortgage’s DSCR program evaluates $1,746/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23868, Lawrenceville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,554 (100%) |
| Owner Occupied HU | 1,517 (59.4%) |
| Renter Occupied HU | 644 (25.2%) |
| Vacant Housing Units | 393 (15.4%) |
| Median Home Value | $147,881 |
| Average Home Value | $175,932 |
Housing Distribution
Address Breakdown
Residential
2,042
Single Family
2,042
Multi-Family
0
Businesses
242
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Nearby investment properties with comparable prices
Listed by: Sherwood Baskerville, ABR • Sherwood Baskerville Real Estate
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139137
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.