53 Cold Run DrLexingtonVA24450
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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 Lexington at 53 Cold Run Dr, Lexington, VA, 24450 earns from $4,069/mo rent with a $3,688/mo payment. Total monthly income totals $4,069/mo. ROI tracks 17.95% on current figures, and rental yield reads 6.48% at a $753,400 purchase. Equity gained on principal adds $4,862/yr, and 5% annual appreciation supports $208,151 over five years. Five-year ROI reaches 92.03% and total cumulative return in cash sums $228,125. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,069/mo property income instead of your personal income.
Single Family
Built in 1922
18 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,170
Single Family
6,534
Multi-Family
636
Businesses
808
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