1214 Shadow Ridge Dr, Forest, VA, 24551 | 6% Rental Yield

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
2 Bath
2042 sft

1604 Avondale Dr, Altavista, VA, 24517

6 Bed
3 Bath
3746 sft

205 Phoebe Pond Rd, Concord, VA, 24538

4 Bed
2 Bath
1924 sft

7152 Meadowbrook Rd, Lynchburg, VA, 24502

4 Bed
2 Bath
1857 sft

608 Middle St, Lynchburg, VA, 24502

Nearby investment properties with comparable prices

3 Bed
3 Bath
2849 sft

420 Cresthill Rd, Lynchburg, VA, 24504

3 Bed
2 Bath
1819 sft

1151 Jefferson Meadows Dr, Forest, VA, 24551

4 Bed
3 Bath
2710 sft

55 Carriage Pkwy, Rustburg, VA, 24588

4 Bed
3 Bath
2710 sft

13 Carriage Pkwy, Rustburg, VA, 24588

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Forest at 1214 Shadow Ridge Dr, Forest, VA, 24551 offers a 6% rental yield on a $589,900 purchase with $2,951/mo rent. 5% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $162,978 over five years. Portfolio math shows five-year ROI at 84.26% and total cumulative return in cash at $163,533. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,951/mo property income against a $2,887/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1998

0.80 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