1315 Donnally Rd, Forest, VA, 24551 | 6.61% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1315 Donnally Rd, Forest, VA, 24551 | 6.61% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,000/mo, and a $2,668/mo payment. Purchase price stands at $545,000, and rental yield measures 6.61% with $3,000/mo rent. Return on cash invested shows 18.33% in year one, and 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 94.08% and total cumulative return in cash records $168,684. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $2,668/mo payment rather than investor’s personal income.

Single Family

Built in 2006

1 Acres lot

$N/A/sqft

No HOA

More details about the property

4 bed 4 bath home with main level master, en-suite bath and large walk in closet. This home has a concrete drive, 2 car attached garage, hardwood floors, rocking chair front porch, screen porch, deck, fenced yard, Generac whole house generator, unfinished walkout basement with rough in for future bath, and stainless steel appliances. This home is located only 8 minutes from the Forest Kroger and 12 minutes to the Bedford Food Lion. Step inside into the foyer and walk into an open floor plan with a formal dining, great room with a fireplace and gas logs for the cool nights, kitchen with an island and breakfast nook all set to keep the whole family involved in the conversation. The main level bed and laundry are a plus. 3 more bedrooms upstairs with 2 full baths and its own HVAC. The unfinished walkout basement leaves room for expansion, a great workshop or storage. Head out back onto the screen porch and deck space overlooking the fenced yard. This is a must see!

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