536 Leesville Rd UNIT 202, Lynchburg, VA, 24502 | $241/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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536 Leesville Rd UNIT 202, Lynchburg, VA, 24502 | $241/mo Cash Flow | Ziffy

For Sale

Rental Income

Listed for sale 4 days ago

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

Investment property for sale in Lynchburg at 536 Leesville Rd UNIT 202, Lynchburg, VA, 24502 listed at $299,900 pairs $2,034/mo rent with a $1,468/mo payment to leave $241/mo cash flow. Total monthly income runs $2,034/mo, and annual cash flow reaches $2,893/yr on $99,417 cash to close. Return on cash invested measures 22.82% in year one, and rental yield registers 8.14% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 118.21% and total cumulative return in cash totals $117,520. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,034/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2025

1,698 sqft lot

$N/A/sqft

No HOA

More details about the property

Builder offering $5,000 closing cost credit for limited time! Spacious 4 bed & 3 full bath townhome off Leesville Rd, just minutes to Liberty University, colleges, Wards Rd, dining & shopping. Community allows short-term rentals (Airbnb/VRBO), mid or long term rentals, offering a strong opportunity for investors or owner-occupants. Open-concept main level with custom kitchen featuring quartz countertops, tile backsplash, large island, stainless appliances (refrigerator included) & abundant cabinetry. Bright dining & living area plus a main-level bedroom & full bath. Upstairs includes a vaulted primary suite w/ oversized walk-in closet & private bath, 2 additional bedrooms, full hall bath, & laundry room (washer & dryer included). Luxury vinyl plank flooring, upgraded insulation, ample storage & modern finishes throughout. Built by Sundance Design Build & includes 1-year systems warranty and 10-year structural warranty backed by Liberty Mutual/Quality Builder's Warranty

Neighborhood Data

Neighborhood data shown for ZIP Code: 24502, Lynchburg, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	19,938 (100%)
Owner Occupied HU	10,006 (50.2%)
Renter Occupied HU	8,210 (41.2%)
Vacant Housing Units	1,722 ( 8.6%)
Median Home Value	$245,190
Average Home Value	$284,556