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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% |
Rental property for sale in Amherst at 1900 Lowesville Rd, Amherst, VA, 24521 generates $2,987/mo in rent and, after a $2,051/mo payment, leaves $482/mo in cash flow. Total monthly income is $2,987/mo, and annual cash flow is $5,785/yr on $138,899 invested. Return on cash invested sits at 24.07% in year one, and rental yield is 8.55% on a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation builds toward $115,762 over five years. Five-year ROI reaches 124.94% and total cumulative return in cash sums $173,537. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,987/mo property income rather than buyer’s personal income.
Single Family
Built in 1932
1.59 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 |
|---|---|---|
| 2025-07-30 | Sold | $419,000 |
| 2025-06-15 | Pending sale | $419,000 |
| 2025-06-08 | Price change | $419,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs
Listed by: Jason Porter • Legacy Realty and Development
Mls Name: LMLS
Mls Provider:
Mls ID: #360925
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.
