470 Mulberry Creek RdLancasterVA22503
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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 Lancaster at 470 Mulberry Creek Rd, Lancaster, VA, 22503 with 5% annual appreciation on a $525,000 basis while $2,336/mo rent supports operations. 48% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 5.34%. Five-year ROI measures 73.45% and total cumulative return in cash totals $126,873. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,336/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1904
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22503, Lancaster, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,877 (100%) |
| Owner Occupied HU | 1,619 (56.3%) |
| Renter Occupied HU | 292 (10.1%) |
| Vacant Housing Units | 966 (33.6%) |
| Median Home Value | $340,734 |
| Average Home Value | $399,256 |
Housing Distribution
Address Breakdown
Residential
2,139
Single Family
2,139
Multi-Family
0
Businesses
80
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Listed by: Diana Wolfson • IsaBell K. Horsley Real Estate
Mls Name: Chesapeake Bay & Rivers AOR
Mls ID: #202500017
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