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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 Altavista at 2217 Beech Ave, Altavista, VA, 24517 earns from $1,050/mo rent with a $1,419/mo payment. Total monthly income totals $1,050/mo. ROI tracks 11.38% on current figures, and rental yield reads 4.35% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 56.82% and total cumulative return in cash sums $54,609. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,050/mo property income instead of your personal income.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24517, Altavista, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,517 (100%) |
| Owner Occupied HU | 1,539 (61.1%) |
| Renter Occupied HU | 719 (28.6%) |
| Vacant Housing Units | 259 (10.3%) |
| Median Home Value | $136,399 |
| Average Home Value | $216,556 |
Residential
2,485
Single Family
2,472
Multi-Family
13
Businesses
338
Date | Event | Price |
|---|---|---|
| 2025-05-02 | Listed for sale | $289,900 |
| 2025-04-23 | Listing removed | $289,900 |
| 2025-03-07 | Price change | $289,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-04 | N/A | N/A | $187,700 | 35.52% |
| 2022-05-04 | $720.20 | N/A | $138,500 | N/A |
| 2021-05-04 | $720.20 | N/A | N/A | N/A |
Listed by: Marie Mitchell • Karl Miller Realty LLC
Mls Name: LMLS
Mls Provider:
Mls ID: #357220
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.
