901 Jefferson St APT 4ALynchburgVA24504
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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 Lynchburg at 901 Jefferson St APT 4A, Lynchburg, VA, 24504 generates $960/mo in rent, after a $614/mo payment. Total monthly income is $960/mo. Return on cash invested sits at 18.93% in year one, and rental yield is 9.18% on a $125,500 entry. Equity gained on principal adds $810/yr, while 5% annual appreciation builds toward $34,673 over five years. Five-year ROI reaches 99.99% and total cumulative return in cash sums $41,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $960/mo property income rather than buyer’s personal income.
Condo
Built in 1898
161.17 sqft lot
$N/A/sqft
$244 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24504, Lynchburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,237 (100%) |
| Owner Occupied HU | 2,088 (39.9%) |
| Renter Occupied HU | 2,135 (40.8%) |
| Vacant Housing Units | 1,014 (19.4%) |
| Median Home Value | $210,823 |
| Average Home Value | $227,948 |
Housing Distribution
Address Breakdown
Residential
4,875
Single Family
4,287
Multi-Family
588
Businesses
546
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Listed by: Stephanie C. Cox • Cox Management and Consulting
Mls Name: LMLS
Mls Provider:
Mls ID: #359041
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.