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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% |
Rental property for sale in Amherst at 239 Little Farm Rd, Amherst, VA, 24521 priced at $419,900 converts $2,555/mo rent into $45/mo cash flow after a $2,055/mo obligation. Total monthly income equals $2,555/mo, and annual cash flow totals $541/yr on $139,197 invested. Return on cash invested prints 20.3% in year one, and rental yield reads 7.3% against a $419,900 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,011 by year five. Five-year ROI reaches 104.67% and total cumulative return in cash sums $145,704. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,555/mo property income covering a $2,055/mo payment, not borrower’s personal income.
Single Family
Built in 2007
5.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24521, Amherst, VA area.
| 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 |
Residential
4,039
Single Family
4,039
Multi-Family
0
Businesses
297
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Listed for sale | $419,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $1232.81 | N/A | $202,100 | N/A |
| 2023-04-18 | $1232.81 | N/A | $202,100 | N/A |
| 2022-04-18 | $1232.81 | N/A | $202,100 | N/A |
What's Special
Pull Down Stairs,Storage Only
Listed by: Sue Harvey • Montague Miller And Co.-Amher
Mls Name: LMLS
Mls Provider:
Mls ID: #358316
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.
