508 Forest Dr, South Boston, VA, 24592 | $384/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in South Boston at 508 Forest Dr, South Boston, VA, 24592 generates $2,177/mo in rent and, after a $1,468/mo payment, leaves $384/mo in cash flow. Total monthly income is $2,177/mo, and annual cash flow is $4,609/yr on $99,417 invested. Return on cash invested sits at 24.55% in year one, and rental yield is 8.71% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 127.47% and total cumulative return in cash sums $126,724. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,177/mo property income rather than buyer’s personal income.

Single Family

Built in 1986

0.88 Acres lot

$N/A/sqft

No HOA