176 N Main St, Amherst, VA, 24521 | $607/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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176 N Main St, Amherst, VA, 24521 | $607/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

Investment property for sale in Amherst at 176 N Main St, Amherst, VA, 24521 at $299,900 posts ROI 27.24% with $607/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $7,285/yr on $99,417 to close. Return on cash invested measures 27.24% and rental yield reads 9.6% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 141.9% and total cumulative return in cash totals $141,076.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,400/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1919

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to small-town living at its finestquaint, cute, and cozy! Stroll or bike along sidewalks that wind through town to local restaurants, the library, and the single stoplight that marks this charming community. With easy access to the bypass, you're just minutes from Lynchburg or Charlottesville while still enjoying the slower pace of a close-knit neighborhood. This beautifully renovated home features a new roof, a welcoming covered front porch, a convenient main-level bedroom, brand-new flooring, and fresh paint throughout. The updated kitchen boasts crisp cabinetry and elegant quartz countertops. Step out back to relax around the firepit or host a cookout on the spacious deck perfect for making the most of those peaceful evenings.

Neighborhood Data

Neighborhood data shown for ZIP Code: 24521, Amherst, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,778 (100%)
Owner Occupied HU	3,339 (69.9%)
Renter Occupied HU	856 (17.9%)
Vacant Housing Units	583 (12.2%)
Median Home Value	$291,324
Average Home Value	$363,179