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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Lexington at 521 S Main St, Lexington, VA, 24450 listed at $519,000 pairs $2,764/mo rent with a $2,540/mo payment. Total monthly income runs $2,764/mo. Return on cash invested measures 17.68% in year one, and rental yield registers 6.39% at a $519,000 basis. Equity gained on principal adds $3,349/yr, and annual property appreciation at 5% supports $143,390 by year five. Five-year ROI tracks 90.59% and total cumulative return in cash totals $154,689. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,764/mo property income relative to a $2,540/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1927
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24450, Lexington, VA area.
| 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 |
Residential
7,170
Single Family
6,534
Multi-Family
636
Businesses
808
Date | Event | Price |
|---|---|---|
| 2025-05-05 | Price change | $519,000 |
| 2025-03-27 | Listed for sale | $535,000 |
| 2004-06-23 | Sold | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-18 | N/A | N/A | $299,500 | N/A |
| 2022-08-18 | N/A | N/A | $299,500 | 10.76% |
| 2021-08-18 | N/A | N/A | $270,400 | N/A |
Listed by: PAULA J MARTIN • LEXINGTON REAL ESTATE CONNECTION
Mls Name: RVAR
Mls Provider:
Mls ID: #920141
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