1147 Sleepy Oak 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 1147 Sleepy Oak Ln, Forest, VA, 24551 offers $3,479/mo rent that, after a $2,237/mo payment, leaves $597/mo cash flow. Total monthly income is $3,479/mo, and annual cash flow is $7,163/yr on $151,496 cash. Return on cash invested measures 24.64% in year one, and rental yield stands at 9.14% at a $457,000 entry. Equity gained on principal adds $2,949/yr while 5% annual appreciation compounds into $126,261 by year five. Five-year ROI records 128.34% and total cumulative return in cash reaches $194,431. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,479/mo property income versus a $2,237/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
5,662 sqft lot
$N/A/sqft
$150 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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