897 Willow Lake Rd, Buckingham, VA, 23921 | 6.11% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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897 Willow Lake Rd, Buckingham, VA, 23921 | 6.11% Rental Yield | 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 Buckingham at 897 Willow Lake Rd, Buckingham, VA, 23921 at $385,000 posts ROI 16.71% with from $1,961/mo rent. Total monthly income equals $1,961/mo. Return on cash invested measures 16.71% and rental yield reads 6.11% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 85.41% and total cumulative return in cash totals $109,006. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,961/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2001

5.28 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't miss this very private 5.28 ac mostly fenced lot that is park-like about half open and half wooded. Home has been recently updated. The foyer/living room has a 50's ice cream bar, updated jukebox and 2 booths with tables and bench seats, The large eat-in kitchen has a colorful backsplash behind the counters, The master bedroom opens to a large bathroom that has a large jetted tub and separate shower. The second bedroom is very roomy. There is an office/study with built in desk, it has access to the rear deck. The laundry room has a large built-in folding table. Outside are two large covered concrete patio/porches very suitable for relaxing and morning coffee. Outbuildings include a 30x34 garage/workshop with 12 ft ceilings, a 10x10 overheard door with opener and room to park 3 vehicles. It has a 34 ft long workbench waiting for a tinkerer. There is a large storage building that has a large lean-to enclosed shed. Enjoy your new retreat!

Neighborhood Data

Neighborhood data shown for ZIP Code: 23921, Buckingham, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,170 (100%)
Owner Occupied HU	692 (59.1%)
Renter Occupied HU	226 (19.3%)
Vacant Housing Units	252 (21.5%)
Median Home Value	$212,987
Average Home Value	$237,825