682 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
Investment property for sale in Appomattox at 682 Cornfield Ln, Appomattox, VA, 24522 at $294,900 posts ROI 19.63% with from $1,740/mo rent. Total monthly income equals $1,740/mo. Return on cash invested measures 19.63% and rental yield reads 7.08% at the current $294,900. Equity gained on principal adds $1,903/yr, and 5% annual appreciation supports $81,475 by year five. Five-year ROI prints 101.1% and total cumulative return in cash totals $98,839. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,740/mo property income rather than your personal income records (W2s, Paystubs, and 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: #363822