162 Forrest StBasyeVA22810
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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
Investment property for sale in Basye at 162 Forrest St, Basye, VA, 22810 listed at $499,000 pairs $2,299/mo rent with a $2,442/mo payment. Total monthly income runs $2,299/mo. Return on cash invested measures 14.95% in year one, and rental yield registers 5.53% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 75.98% and total cumulative return in cash totals $125,682. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,299/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22810, Basye, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,275 (100%) |
| Owner Occupied HU | 408 (32.0%) |
| Renter Occupied HU | 81 ( 6.4%) |
| Vacant Housing Units | 786 (61.6%) |
| Median Home Value | $298,438 |
| Average Home Value | $319,498 |
Housing Distribution
Address Breakdown
Residential
114
Single Family
114
Multi-Family
0
Businesses
36
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