681 Cornfield LnAppomattoxVA24522
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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
Rental property for sale in Appomattox at 681 Cornfield Ln, Appomattox, VA, 24522 priced at $294,900 pairs $1,740/mo rent with after a $1,443/mo payment. Total monthly income equals $1,740/mo. Return on cash invested is 19.63% in year one, and rental yield stands at 7.08% on a $294,900 basis. Equity gained on principal adds $1,903/yr, and 5% annual appreciation accumulates to $81,475 by year five. Five-year ROI measures 101.1% and total cumulative return in cash reaches $98,839. For financing, Ziffy Mortgage’s DSCR program evaluates $1,740/mo property income against a $1,443/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
0.72 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: Allen Houston Addair • eXp Realty LLC-Lynchburg
Mls Name: LMLS
Mls ID: #363821