540 Collierstown RdLexingtonVA24450
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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
Rental property for sale in Lexington at 540 Collierstown Rd, Lexington, VA, 24450 priced at $339,000 pairs $2,654/mo rent with $628/mo cash flow after a $1,659/mo payment. Total monthly income equals $2,654/mo, and annual cash flow comes to $7,533/yr on $112,379 invested. Return on cash invested is 26.61% in year one, and rental yield stands at 9.39% on a $339,000 basis. Equity gained on principal adds $2,188/yr, and 5% annual appreciation accumulates to $93,659 by year five. Five-year ROI measures 138.52% and total cumulative return in cash reaches $155,668. For financing, Ziffy Mortgage’s DSCR program evaluates $2,654/mo property income against a $1,659/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
2.19 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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Listed by: Lana H Nicely • Flint Realty LLC
Mls Name: Rockbridge Highlands REALTORS
Mls Provider:
Mls ID: #139512
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Rockbridge Highland Realtors. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Copyright 2025 Rockbridge Highland Realtors. All rights reserved.