LOT 1 One Turkey Mountain RdAmherstVA24521
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Amherst at LOT 1 One Turkey Mountain Rd, Amherst, VA, 24521 offers a 9.77% rental yield on a $294,900 purchase with $2,400/mo rent. Total monthly income registers $2,400/mo, and a $1,443/mo payment leaves $638/mo available for distribution. Annual cash flow reaches $7,650/yr on $97,759 to close, and return on cash invested stands at 27.73% in year one. Equity gained on principal adds $1,903/yr while 5% annual appreciation supports $81,475 over five years. Portfolio math shows five-year ROI at 144.55% and total cumulative return in cash at $141,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,400/mo property income against a $1,443/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2025
1.45 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
4,039
Single Family
4,039
Multi-Family
0
Businesses
297
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices