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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 Appomattox at 2224 Wildway Rd, Appomattox, VA, 24522 offers a 9.83% rental yield on a $298,000 purchase with $2,440/mo rent. Total monthly income registers $2,440/mo, and a $1,459/mo payment leaves $658/mo available for distribution. Annual cash flow reaches $7,898/yr on $98,787 to close, and return on cash invested stands at 27.9% in year one. Equity gained on principal adds $1,923/yr while 5% annual appreciation supports $82,332 over five years. Portfolio math shows five-year ROI at 145.47% and total cumulative return in cash at $143,708. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,440/mo property income against a $1,459/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24522, Appomattox, VA area.
| 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 |
Residential
4,236
Single Family
4,236
Multi-Family
0
Businesses
367
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Listed for sale | $298,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-25 | $1083.60 | N/A | $172,000 | N/A |
| 2023-06-25 | $1083.60 | N/A | $172,000 | N/A |
| 2022-06-25 | $1083.60 | N/A | $172,000 | N/A |
What's Special
Scuttle
Listed by: Doris B. Nash • RE/MAX Realty Connection
Mls Name: LMLS
Mls Provider:
Mls ID: #360109
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.
