LOT A1 Patteson Rd, Buckingham, VA, 23921 | Equity Gain $2,193/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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LOT A1 Patteson Rd, Buckingham, VA, 23921 | Equity Gain $2,193/yr | 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

Rental property for sale in Buckingham at LOT A1 Patteson Rd, Buckingham, VA, 23921 priced at $339,900 converts $0/mo rent into after a $1,664/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.73% in year one, and rental yield reads 0% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,664/mo payment, not borrower’s personal income.

Single Family

Built in 2025

379 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home, nestled in the heart of Buckingham County! This beautifully designed 3 BEDROOM 2- BATH home is set to be completed in March 26', offering modern comforts in a serene, spacious environment. The OPEN FLOOR PLAN combines the kitchen, dining, & living areas into a spacious GREAT ROOM with a CATHEDRAL CEILING, perfect for gathering. The KITCHEN features GRANITE counters, MERILLAT CABINETS, a central ISLAND & a PANTRY. LVP FLOORING runs throughout the main living spaces. Comfortable BEDROOMS :Retreat to one of the three cozy bedrooms, each adorned carpeting for added comfort. These spaces offer tranquility and privacy, ideal for restful nights. Stylish BATHROOMS: The two well-appointed bathrooms feature modern fixtures and finishes. Durable LVP Flooring: Enjoy the beauty of luxury vinyl plank flooring throughout the main living areas, offering durability and easy maintenance, perfect for todays active lifestyle. Expansive Outdoor Space: Situated on a generous 4-acre lot, this property provides a private oasis where you can relax, explore, and enjoy nature. Whether you envision gardening, outdoor activities, or simply basking in the tranquility, this space is yours to make the most of.

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