1053 Bridger LnForestVA24551
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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
Rental property for sale in Forest at 1053 Bridger Ln, Forest, VA, 24551 generates $1,343/mo in rent and, after a $685/mo payment, leaves $506/mo in cash flow. Total monthly income is $1,343/mo, and annual cash flow is $6,076/yr on $46,410 invested. Return on cash invested sits at 33% in year one, and rental yield is 11.51% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 172.85% and total cumulative return in cash sums $80,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,343/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
1.15 Acres lot
$N/A/sqft
No 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: Ronald Lee Gross • Lyons Team Realtors
Mls Name: LMLS
Mls Provider:
Mls ID: #350650
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.