9357 Western Mill RdLawrencevilleVA23868
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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 Lawrenceville at 9357 Western Mill Rd, Lawrenceville, VA, 23868 listed at $242,500 pairs $1,885/mo rent with a $1,187/mo payment to leave $435/mo cash flow. Total monthly income runs $1,885/mo, and annual cash flow reaches $5,223/yr on $80,389 cash to close. Return on cash invested measures 26.41% in year one, and rental yield registers 9.33% at a $242,500 basis. Equity gained on principal adds $1,565/yr, and annual property appreciation at 5% supports $66,998 by year five. Five-year ROI tracks 137.45% and total cumulative return in cash totals $110,491. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,885/mo property income relative to a $1,187/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23868, Lawrenceville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,554 (100%) |
| Owner Occupied HU | 1,517 (59.4%) |
| Renter Occupied HU | 644 (25.2%) |
| Vacant Housing Units | 393 (15.4%) |
| Median Home Value | $147,881 |
| Average Home Value | $175,932 |
Housing Distribution
Address Breakdown
Residential
2,042
Single Family
2,042
Multi-Family
0
Businesses
242
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Listed by: Sharon Johnson • The Pointe Realty Group (South Hill)
Mls Name: Roanoke Valley Lake Gaston BOR
Mls ID: #139598
Disclaimer: Copyright Roanoke Valley Lake Gaston Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.