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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Appomattox at 1425 Purdum Mill Rd, Appomattox, VA, 24522 uses $109,362 cash to close to unlock $7,123/yr annual cash flow and $594/mo monthly cash flow. Total monthly income runs $2,566/mo, and a $1,615/mo payment keeps the spread at $594/mo. Purchase price stands at $329,900, and rental yield measures 9.33% with $2,566/mo rent. Return on cash invested shows 26.42% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 137.51% and total cumulative return in cash records $150,387. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,566/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24522, Appomattox, VA area.
| 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 |
Residential
4,236
Single Family
4,236
Multi-Family
0
Businesses
367
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Listed for sale | $329,900 |
| 2006-04-04 | Sold | $156,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1127.70 | N/A | $179,000 | N/A |
| 2023-07-01 | $1127.70 | N/A | $179,000 | N/A |
| 2022-07-01 | $1127.70 | N/A | $179,000 | N/A |
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Listed by: Thomas Nolen • Nolen Real Estate
Mls Name: LMLS
Mls Provider:
Mls ID: #360278
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.
