13 Cedarberry 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
Total monthly income runs $3,000/mo, and a $5,262/mo payment. Purchase price stands at $1,075,000, and rental yield measures 3.35% with $3,000/mo rent. Return on cash invested shows 8.33% in year one, and 5% annual appreciation builds toward $297,003 over five years. Five-year ROI reaches 40.48% and total cumulative return in cash records $140,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $5,262/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.13 Acres lot
$N/A/sqft
$800 annually 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: Lauren Bell • Lauren Bell Real Estate, Inc.
Mls Name: LMLS
Mls Provider:
Mls ID: #354247
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.