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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Forest at 1031 Middle View Dr, Forest, VA, 24551 generates $1,556/mo in rent and, after a $1,047/mo payment, leaves $157/mo in cash flow. Total monthly income is $1,556/mo, and annual cash flow is $1,886/yr on $70,941 invested. Return on cash invested sits at 22.57% in year one, and rental yield is 8.73% on a $214,000 entry. Equity gained on principal adds $1,381/yr, while 5% annual appreciation builds toward $59,124 over five years. Five-year ROI reaches 117.61% and total cumulative return in cash sums $83,435. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,556/mo property income rather than buyer’s personal income.
Townhouse
Built in 2005
1,742 sqft lot
$N/A/sqft
$120 monthly HOA
Neighborhood data shown for ZIP Code: 24551, Forest, VA area.
| 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 |
Residential
11,175
Single Family
10,420
Multi-Family
755
Businesses
877
Date | Event | Price |
|---|---|---|
| 2025-07-02 | Sold | $214,000 |
| 2025-06-18 | Pending sale | $230,000 |
| 2025-06-09 | Listed for sale | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $688.80 | N/A | $168,000 | N/A |
| 2023-10-19 | N/A | N/A | $168,000 | 36.59% |
| 2022-10-19 | $615.00 | N/A | $123,000 | N/A |
What's Special
None
Listed by: Erica Lauren Mabry • Lauren Bell Real Estate, Inc.
Mls Name: LMLS
Mls Provider:
Mls ID: #359812
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.
