66 Countryplace LnLynchburgVA24501
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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 Lynchburg at 66 Countryplace Ln, Lynchburg, VA, 24501 at $135,000 posts ROI 26.15% with $233/mo cash flow from $1,228/mo rent. Total monthly income equals $1,228/mo, and annual cash flow records $2,793/yr on $44,753 to close. Return on cash invested measures 26.15% and rental yield reads 10.92% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 137.88% and total cumulative return in cash totals $61,705.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,228/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1986
2,395 sqft lot
$N/A/sqft
$188 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24501, Lynchburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,071 (100%) |
| Owner Occupied HU | 5,098 (42.2%) |
| Renter Occupied HU | 5,720 (47.4%) |
| Vacant Housing Units | 1,253 (10.4%) |
| Median Home Value | $208,110 |
| Average Home Value | $229,646 |
Housing Distribution
Address Breakdown
Residential
12,488
Single Family
11,495
Multi-Family
993
Businesses
1,094
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Listed by: Bobbie Butler • Ivy Hill Realty Inc.
Mls Name: LMLS
Mls Provider:
Mls ID: #361292
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.