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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Forest at 301 Gooseneck Ct, Forest, VA, 24551 generates $1,148/mo in rent, after a $915/mo payment. Total monthly income is $1,148/mo. Return on cash invested sits at 17.79% in year one, and rental yield is 7.37% on a $186,900 entry. Equity gained on principal adds $1,206/yr, while 5% annual appreciation builds toward $51,637 over five years. Five-year ROI reaches 92.21% and total cumulative return in cash sums $57,131. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,148/mo property income rather than buyer’s personal income.
Townhouse
Built in 1988
2,613 sqft lot
$N/A/sqft
$140 monthly HOA
Neighborhood data shown for ZIP Code: 24551, Forest, VA area.
| 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 |
Residential
11,175
Single Family
10,420
Multi-Family
755
Businesses
877
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $186,900 |
| 2024-06-28 | Sold | $165,000 |
| 2024-05-23 | Pending sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-25 | $546.53 | N/A | $133,300 | N/A |
| 2023-04-25 | $546.53 | 2.35% | $133,300 | 24.81% |
| 2022-04-25 | $534.00 | N/A | $106,800 | N/A |
What's Special
Access,Scuttle
Listed by: Darnell Martin • Red Door Realty LLC
Mls Name: LMLS
Mls Provider:
Mls ID: #358746
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.
