2 Chestnut Fork RdBedfordVA24523
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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
Rental property for sale in Bedford at 2 Chestnut Fork Rd, Bedford, VA, 24523 offers $954/mo rent that, after a $1,859/mo payment. Total monthly income is $954/mo. Return on cash invested measures 7.36% in year one, and rental yield stands at 3.01% at a $379,900 entry. Equity gained on principal adds $2,451/yr while 5% annual appreciation compounds into $104,959 by year five. Five-year ROI records 35.31% and total cumulative return in cash reaches $44,465. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $954/mo property income versus a $1,859/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
2.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24523, Bedford, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,292 (100%) |
| Owner Occupied HU | 6,376 (68.6%) |
| Renter Occupied HU | 2,046 (22.0%) |
| Vacant Housing Units | 870 ( 9.4%) |
| Median Home Value | $309,924 |
| Average Home Value | $356,208 |
Housing Distribution
Address Breakdown
Residential
8,625
Single Family
8,183
Multi-Family
442
Businesses
751
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