306 Forest Dr, South Boston, VA, 24592 | $133/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1120 sft

665 Lonach Ln, Roxboro, NC, 27574

3 Bed
2 Bath
2200 sft

124 W Birch Ct, South Boston, VA, 24592

4 Bed
3 Bath
2006 sft

6391 S Boston Hwy, Sutherlin, VA, 24594

4 Bed
3 Bath
2481 sft

7149 Highway 49, Buffalo Junction, VA, 24529

Nearby investment properties with comparable prices

6 Bed
4 Bath
2866 sft

5014 Quail Roost Rd, South Boston, VA, 24592

5 Bed
2 Bath
2016 sft

1224 Oak Level Rd, Halifax, VA, 24558

Rental Income+ 1 more

2 Bed
1 Bath
888 sft

714 Jeff Rd, Semora, NC, 27343

3 Bed
2 Bath
1798 sft

14106 Lp Bailey Mem Hwy, Nathalie, VA, 24577

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in South Boston at 306 Forest Dr, South Boston, VA, 24592 offers $2,614/mo rent that, after a $2,031/mo payment, leaves $133/mo cash flow. Total monthly income is $2,614/mo, and annual cash flow is $1,601/yr on $137,573 cash. Return on cash invested measures 21.07% in year one, and rental yield stands at 7.56% at a $415,000 entry. Equity gained on principal adds $2,678/yr while 5% annual appreciation compounds into $114,657 by year five. Five-year ROI records 108.81% and total cumulative return in cash reaches $149,697. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,614/mo property income versus a $2,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1988

0.35 Acres lot

$N/A/sqft

No HOA