461 Plantation Rd, Amherst, VA, 24521 | $808/mo Cash Flow

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461 Plantation Rd, Amherst, VA, 24521 | $808/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

Investment property for sale in Amherst at 461 Plantation Rd, Amherst, VA, 24521 offers a 10.11% rental yield on a $329,900 purchase with $2,780/mo rent. Total monthly income registers $2,780/mo, and a $1,615/mo payment leaves $808/mo available for distribution. Annual cash flow reaches $9,691/yr on $109,362 to close, and return on cash invested stands at 28.77% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 150.09% and total cumulative return in cash at $164,139. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,780/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Manufactured

Built in 1996

28.95 Acres lot

$N/A/sqft

No HOA

More details about the property

Enjoy the perfect blend of seclusion and convenience with this spacious one-level home situated on 28.95 mostly wooded acres in scenic Amherst County, Virginia. Featuring 3 bedrooms and 2.5 bathrooms plus 2 additional rooms used as BRs. This well-maintained home offers comfortable living with plenty of room to spread out ideal as a full-time residence, weekend retreat, or hunting lodge. Recent upgrades include a new roof, heat pump, and flooring in 2019, providing peace of mind and modern comfort. Multiple outbuildings with electricity offer versatile space for storage, workshops, or hobbies, while a covered pavilion is perfect for outdoor entertaining. The land is rich with wildlife, making it a hunter's paradise, and includes trails for added recreation. Despite its private setting, you're just 10 minutes from shopping, restaurants, and gas stations giving you easy access to everyday conveniences without sacrificing privacy. Don't miss this rare opportunity to own a wooded retreat.

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