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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Lexington at 9 Skyhigh Ln, Lexington, VA, 24450 priced at $675,000 pairs $1,554/mo rent with after a $3,304/mo payment. Total monthly income equals $1,554/mo. Return on cash invested is 6.65% in year one, and rental yield stands at 2.76% on a $675,000 basis. Equity gained on principal adds $4,356/yr, and 5% annual appreciation accumulates to $186,490 by year five. Five-year ROI measures 31.44% and total cumulative return in cash reaches $69,819. For financing, Ziffy Mortgage’s DSCR program evaluates $1,554/mo property income against a $3,304/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24450, Lexington, VA area.
| 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 |
Residential
7,170
Single Family
6,534
Multi-Family
636
Businesses
808
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Melissa C. Hennis • Howard Hanna R E Services
Mls Name: Rockbridge Highlands REALTORS
Mls ID: #139709
