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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% |
Investment property for sale in Forest at 1182 Blue Ridge View Cir, Forest, VA, 24551 listed at $224,900 pairs $1,619/mo rent with a $1,101/mo payment to leave $149/mo cash flow. Total monthly income runs $1,619/mo, and annual cash flow reaches $1,792/yr on $74,554 cash to close. Return on cash invested measures 22.31% in year one, and rental yield registers 8.64% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 116.23% and total cumulative return in cash totals $86,653. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,619/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
1,742 sqft lot
$N/A/sqft
$125 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 |
|---|---|---|
| 2024-11-08 | Price change | $224,900 |
| 2024-10-17 | Listed for sale | $219,999 |
| 2017-10-10 | Sold | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | N/A | N/A | $162,200 | 38.04% |
| 2022-11-11 | $587.50 | N/A | $117,500 | N/A |
| 2021-11-11 | $587.50 | N/A | $117,500 | N/A |
What's Special
Pull Down Stairs
Listed by: Brandon White • Keller Williams Realty-Roanoke
Mls Name: LMLS
Mls Provider:
Mls ID: #355554
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.
