333 N Main St, Amherst, VA, 24521 | $428/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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333 N Main St, Amherst, VA, 24521 | $428/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Amherst at 333 N Main St, Amherst, VA, 24521 priced at $329,900 pairs $2,400/mo rent with $428/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,400/mo, and annual cash flow comes to $5,131/yr on $109,362 invested. Return on cash invested is 24.6% in year one, and rental yield stands at 8.73% on a $329,900 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,145 by year five. Five-year ROI measures 127.74% and total cumulative return in cash reaches $139,695. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1975

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

One level living at its finest, conveniently located on 0.46 acres in the town of Amherst. No detail has been overlooked with this renovation. Updates include a new roof, new windows, fresh interior/exterior paint, completely remodeled kitchen with new cabinets, leathered granite counters and stainless appliances, primary suite with new en-suite full bath with double vanity & tile shower, remodeled hall bath, new light fixtures, new vinyl plank flooring throughout, new heat pump, new water heater and a finished basement. Main level features include a living room with fireplace, well appointed kitchen, dining room, hall bath, and 3 main level bedrooms including a primary suite with en-suite full bath. If additional living space is needed, the finished basement offers an additional 1113 SF of finished space. The exterior of the home offers a spacious yard, main level and lower level carports and a paved drive. Call today to schedule your private showing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 24521, Amherst, VA area.

Housing Distribution

Housing Statistics

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