915 11th StLynchburgVA24504
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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 915 11th St, Lynchburg, VA, 24504 uses $72,930 cash to close to unlock $1,952/yr annual cash flow and $163/mo monthly cash flow. Total monthly income runs $1,478/mo, and a $1,077/mo payment keeps the spread at $163/mo. Purchase price stands at $220,000, and rental yield measures 8.06% with $1,478/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 116.94% and total cumulative return in cash records $85,283. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,478/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1901
4,107 sqft lot
$N/A/sqft
No 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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