2066 Turkey Mountain RdAmherstVA24521
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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
Investment Highlights
Rental property for sale in Amherst at 2066 Turkey Mountain Rd, Amherst, VA, 24521 generates $2,400/mo in rent and, after a $1,443/mo payment, leaves $638/mo in cash flow. Total monthly income is $2,400/mo, and annual cash flow is $7,650/yr on $97,759 invested. Return on cash invested sits at 27.73% in year one, and rental yield is 9.77% on a $294,900 entry. Equity gained on principal adds $1,903/yr, while 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 144.55% and total cumulative return in cash sums $141,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,400/mo property income rather than buyer’s personal income.
Manufactured
Built in 2025
1.45 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,039
Single Family
4,039
Multi-Family
0
Businesses
297
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