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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 Amherst at 189 Higginbotham Creek Rd, Amherst, VA, 24521 at $319,900 posts ROI 25.42% with $487/mo cash flow from $2,400/mo rent. Total monthly income equals $2,400/mo, and annual cash flow records $5,849/yr on $106,047 to close. Return on cash invested measures 25.42% and rental yield reads 9% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 132.16% and total cumulative return in cash totals $140,156.
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 1964
1.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24521, Amherst, VA area.
| 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 |
Residential
4,039
Single Family
4,039
Multi-Family
0
Businesses
297
Date | Event | Price |
|---|---|---|
| 2025-07-17 | Listed for sale | $319,900 |
| 2025-07-11 | Listing removed | $319,900 |
| 2025-07-02 | Pending sale | $319,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-18 | $715.53 | N/A | $117,300 | N/A |
| 2023-07-18 | $715.53 | N/A | $117,300 | N/A |
| 2022-07-18 | $715.53 | N/A | $117,300 | N/A |
What's Special
Scuttle
Listed by: Christina Holmes • Keller Williams
Mls Name: LMLS
Mls Provider:
Mls ID: #360675
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.
