1005 Wythe DrForestVA24551
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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 Forest at 1005 Wythe Dr, Forest, VA, 24551 offers a 9.64% rental yield on a $297,900 purchase with $2,394/mo rent. Total monthly income registers $2,394/mo, and a $1,458/mo payment leaves $513/mo available for distribution. Annual cash flow reaches $6,159/yr on $98,754 to close, and return on cash invested stands at 26.15% in year one. Equity gained on principal adds $1,922/yr while 5% annual appreciation supports $82,304 over five years. Portfolio math shows five-year ROI at 136.49% and total cumulative return in cash at $134,785. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $1,458/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
3,484 sqft lot
$N/A/sqft
$100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24551, Forest, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,212 (100%) |
| Owner Occupied HU | 8,298 (74.0%) |
| Renter Occupied HU | 2,395 (21.4%) |
| Vacant Housing Units | 519 ( 4.6%) |
| Median Home Value | $390,798 |
| Average Home Value | $456,119 |
Housing Distribution
Address Breakdown
Residential
11,175
Single Family
10,420
Multi-Family
755
Businesses
877
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Listed by: Ian Smith • Legacy Realty and Development
Mls Name: LMLS
Mls Provider:
Mls ID: #358127
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.