50 Lock Raven Ln, Lexington, VA, 24450 | $153/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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50 Lock Raven Ln, Lexington, VA, 24450 | $153/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lexington at 50 Lock Raven Ln, Lexington, VA, 24450 generates $2,419/mo in rent and, after a $1,855/mo payment, leaves $153/mo in cash flow. Total monthly income is $2,419/mo, and annual cash flow is $1,841/yr on $125,639 invested. Return on cash invested sits at 21.37% in year one, and rental yield is 7.66% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 110.44% and total cumulative return in cash sums $138,755. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,419/mo property income rather than buyer’s personal income.

Single Family

Built in 2008

4.63 Acres lot

$N/A/sqft

No HOA

More details about the property

Enjoy fantastic mountain views from the deck of this three bedroom, two bathroom home. Situated on top of a hill, this home has 4.63 acres. The first floor is home to a naturally lit living room, which opens up to the kitchen. There is a dining area, two guest rooms and a full bathroom. Second floor hosts a loft area, along with a sleeping room and additional full bathroom. The lower level has so many possibilities with three separate rooms, perfect for an office, bonus room, recreational or theatre room. Enjoy this peaceful setting located between Lexington and Fairfield.

Neighborhood Data

Neighborhood data shown for ZIP Code: 24450, Lexington, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,782 (100%)
Owner Occupied HU	4,502 (57.9%)
Renter Occupied HU	2,172 (27.9%)
Vacant Housing Units	1,108 (14.2%)
Median Home Value	$336,486
Average Home Value	$408,309