2323 Deer RunForestVA24551
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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 Forest at 2323 Deer Run, Forest, VA, 24551 at $195,000 posts ROI 26.27% with $343/mo cash flow from $1,508/mo rent. Total monthly income equals $1,508/mo, and annual cash flow records $4,113/yr on $64,643 to close. Return on cash invested measures 26.27% and rental yield reads 9.28% at the current $195,000. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 by year five. Five-year ROI prints 136.68% and total cumulative return in cash totals $88,354.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,508/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1986
1,306 sqft 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 |
Housing Distribution
Address Breakdown
Residential
11,175
Single Family
10,420
Multi-Family
755
Businesses
877
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Listed by: Daniel Keeton • Keeton & Co Real Estate
Mls Name: LMLS
Mls Provider:
Mls ID: #353379
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.