560 Evergreen AveAppomattoxVA24522








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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


Investment Highlights
Investment property for sale in Appomattox at 560 Evergreen Ave, Appomattox, VA, 24522 uses $66,267 cash to close to unlock $989/yr annual cash flow and $82/mo monthly cash flow. Total monthly income runs $1,277/mo, and a $978/mo payment keeps the spread at $82/mo. Purchase price stands at $199,900, and rental yield measures 7.67% with $1,277/mo rent. Return on cash invested shows 21.4% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 110.61% and total cumulative return in cash records $73,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,277/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1920
1.82 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: Kyle Scruggs • Scruggs Real Estate LLC
Mls Name: South Central AOR VA
Mls Provider:
Mls ID: #57484
Disclaimer: Copyright of the South Central Association of Realtors. All rights reserved.Information is deemed reliable but not guaranteed.








