703 Fairview LnLebanonVA24266
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Nearby investment properties with comparable prices
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 Lebanon at 703 Fairview Ln, Lebanon, VA, 24266 at $429,900 posts ROI 27.99% with $960/mo cash flow from $3,530/mo rent. Total monthly income equals $3,530/mo, and annual cash flow records $11,523/yr on $142,512 to close. Return on cash invested measures 27.99% and rental yield reads 9.85% at the current $429,900. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 by year five. Five-year ROI prints 145.95% and total cumulative return in cash totals $207,991.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,530/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
1.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24266, Lebanon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,071 (100%) |
| Owner Occupied HU | 2,756 (67.7%) |
| Renter Occupied HU | 837 (20.6%) |
| Vacant Housing Units | 478 (11.7%) |
| Median Home Value | $166,692 |
| Average Home Value | $193,689 |
Housing Distribution
Address Breakdown
Residential
3,422
Single Family
3,422
Multi-Family
0
Businesses
367
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