1289 Confederate BlvdAppomattoxVA24522
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Appomattox at 1289 Confederate Blvd, Appomattox, VA, 24522 uses $60,797 cash to close to unlock $1,504/yr annual cash flow and $125/mo monthly cash flow. Total monthly income runs $1,222/mo, and a $898/mo payment keeps the spread at $125/mo. Purchase price stands at $183,400, and rental yield measures 8% with $1,222/mo rent. Return on cash invested shows 22.38% in year one, and 5% annual appreciation builds toward $50,670 over five years. Five-year ROI reaches 115.89% and total cumulative return in cash records $70,456. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,222/mo property income covering a $898/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24522, Appomattox, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,929 (100%) |
| Owner Occupied HU | 3,391 (68.8%) |
| Renter Occupied HU | 973 (19.7%) |
| Vacant Housing Units | 565 (11.5%) |
| Median Home Value | $227,098 |
| Average Home Value | $284,238 |
Housing Distribution
Address Breakdown
Residential
4,236
Single Family
4,236
Multi-Family
0
Businesses
367
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dorothy Lorraine Martin • Keller Williams
Mls Name: LMLS
Mls ID: #362237