7210 Otey DrLanexaVA23089
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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 Lanexa at 7210 Otey Dr, Lanexa, VA, 23089 earns $174/mo cash flow from $3,701/mo rent with a $2,888/mo payment. Total monthly income totals $3,701/mo, and annual cash flow totals $2,086/yr on $194,110 capital. ROI tracks 21.13% on current figures, and rental yield reads 7.53% at a $590,000 purchase. Equity gained on principal adds $3,807/yr, and 5% annual appreciation supports $163,006 over five years. Five-year ROI reaches 109.1% and total cumulative return in cash sums $211,780. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,701/mo property income instead of your personal income.
Single Family
Built in 1999
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23089, Lanexa, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,660 (100%) |
| Owner Occupied HU | 2,059 (77.4%) |
| Renter Occupied HU | 318 (12.0%) |
| Vacant Housing Units | 283 (10.6%) |
| Median Home Value | $563,914 |
| Average Home Value | $664,567 |
Housing Distribution
Address Breakdown
Residential
2,271
Single Family
2,271
Multi-Family
0
Businesses
51
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Listed by: Charlotte Jones • Coldwell Banker Traditions
Mls Name: WMLS
Mls Provider:
Mls ID: #2500836
Disclaimer: The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the WMLS. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Internet Data Exchange logo or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firms. 2025 WMLS. All rights reserved.