For SaleRisky Deal127 days on market
513 Forest Dr
513 Forest Dr, South Boston, VA 24592, South Boston, VA 24592
$309,900
Estimate®:$307,100
Listing Price
513 Forest Dr, South Boston, VA 24592
Loc: South Boston, VA
Days Listed
127
Tax Assessed
$268k
Estimate®
$307k
Market Rate
Lot Size
1.10 acres
Rent Estimate
$2,265/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
South Boston Elementary School
K-5
1.7 mi away
5
Halifax County Middle School
6-8
1.1 mi away
3
Halifax County High School
9-12
1.5 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonialtwo-storycedar sidingsymmetricalshutter-trimmed windowscovered front porchred front doorbrick foundationwooded settingmature landscapingtraditionalcurb appealresidential
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.66%
Total ROI
81.8%
Cash Flow
$-147/mo
DSCR
0.91
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-147/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in South Boston
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-20 | Price change | $309,900 | $144 |
| 2026-06-26 | Price change | $329,900 | $154 |
| 2026-05-21 | Listed for sale | $334,000 | $156 |
| 2023-06-21 | Sold | $270,000 | $126 |
| 2023-05-15 | Contingent | $274,500 | $128 |
| 2023-05-01 | Listed for sale | $274,500 | $128 |
| 2022-10-27 | Sold | $262,500 | $122 |
| 2022-09-30 | Pending sale | $264,900 | $123 |
| 2022-08-29 | Listed for sale | $264,900 | $123 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,338.56 | $267,712 |
| 2024 | $1,338.56 | $267,712 |
| 2023 | $1,260.69 | $252,137 |
| 2022 | $913.83 | $182,765 |
| 2021 | $836.79 | $167,358 |
| 2020 | $836.79 | $167,358 |
| 2019 | $836.79 | $167,358 |
| 2018 | $803.32 | $167,358 |
| 2016 | $809.78 | $168,704 |
| 2015 | $776.04 | $168,704 |
| 2014 | $776.04 | $168,704 |
| 2013 | $775.23 | $172,274 |
| 2012 | $775.23 | $172,274 |
| 2010 | $790.22 | $183,771 |
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