Lexington Plan, Carriage Grove, Rustburg, VA, 24588 | $219/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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Lexington Plan, Carriage Grove, Rustburg, VA, 24588 | $219/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Rustburg at Lexington Plan, Carriage Grove, Rustburg, VA, 24588 priced at $399,950 converts $2,610/mo rent into $219/mo cash flow after a $1,958/mo obligation. Total monthly income equals $2,610/mo, and annual cash flow totals $2,625/yr on $132,583 invested. Return on cash invested prints 21.89% in year one, and rental yield reads 7.83% against a $399,950 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,499 by year five. Five-year ROI reaches 113.18% and total cumulative return in cash sums $150,060. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,610/mo property income covering a $1,958/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white cabinets and solid surface countertops in the bathrooms. "The Lexington" has an open floor plan and kitchen island, perfect for family gatherings. Upstairs you will find a spacious walk-in closet in the master suite.

Neighborhood Data

Neighborhood data shown for ZIP Code: 24588, Rustburg, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,025 (100%)
Owner Occupied HU	2,961 (73.6%)
Renter Occupied HU	721 (17.9%)
Vacant Housing Units	343 ( 8.5%)
Median Home Value	$254,650
Average Home Value	$251,510