223 Rose LnAppomattoxVA24522
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Nearby investment properties with comparable prices
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 Appomattox at 223 Rose Ln, Appomattox, VA, 24522 priced at $249,500 pairs $1,643/mo rent with $152/mo cash flow after a $1,221/mo payment. Total monthly income equals $1,643/mo, and annual cash flow comes to $1,821/yr on $82,709 invested. Return on cash invested is 22.11% in year one, and rental yield stands at 7.9% on a $249,500 basis. Equity gained on principal adds $1,610/yr, and 5% annual appreciation accumulates to $68,932 by year five. Five-year ROI measures 114.38% and total cumulative return in cash reaches $94,605. For financing, Ziffy Mortgage’s DSCR program evaluates $1,643/mo property income against a $1,221/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
0.50 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: Andrew Bonner • Nolen Real Estate
Mls Name: LMLS
Mls ID: #363844