216 Avery LnAppomattoxVA24522
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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
Investment property for sale in Appomattox at 216 Avery Ln, Appomattox, VA, 24522 with 5% annual appreciation on a $399,900 basis while $1,080/mo rent supports operations. 05% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 3.24%. Five-year ROI measures 38.96% and total cumulative return in cash totals $51,644. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,080/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2012
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24522, Appomattox, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,236
Single Family
4,236
Multi-Family
0
Businesses
367
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Listed by: Robbie Stephens • Century 21 ALL-SERVICE-APP
Mls Name: LMLS
Mls ID: #364003