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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% |
Investment property for sale in Forest at 482 Oak Point Rd, Forest, VA, 24551 at $224,900 posts ROI 18.14% with from $1,580/mo rent. Total monthly income equals $1,580/mo. Return on cash invested measures 18.14% and rental yield reads 8.43% at the current $224,900. Equity gained on principal adds $1,451/yr, and 5% annual appreciation supports $62,136 by year five. Five-year ROI prints 95.16% and total cumulative return in cash totals $70,945. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,580/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1990
1,742 sqft lot
$N/A/sqft
$345 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 |
|---|---|---|
| 2025-05-30 | Listed for sale | $224,900 |
| 2018-07-12 | Sold | $121,000 |
| 2018-05-07 | Listed for sale | $124,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $665.43 | N/A | $162,300 | N/A |
| 2023-06-01 | N/A | N/A | $162,300 | 33.36% |
| 2022-06-01 | $608.50 | N/A | $121,700 | N/A |
What's Special
Access,Pull Down Stairs
Listed by: Catherine Lawson • Keller Williams
Mls Name: LMLS
Mls Provider:
Mls ID: #359569
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.
