1003 Natural Chimneys RdMount SolonVA22843
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 1003 Natural Chimneys Rd, Mount Solon, VA, 22843 in Mount Solon at $870,000. Rental yield 6.14%. The 6.14% yield and 1.14 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $240,365 by year five, and $8,013/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $280,873.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.1% | 6.2% |
| Monthly Cash Flow | $(750) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $4,451 |
| Total Monthly Debt Service | $4,855 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22843, Mount Solon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,070 (100%) |
| Owner Occupied HU | 823 (76.9%) |
| Renter Occupied HU | 146 (13.6%) |
| Vacant Housing Units | 101 ( 9.4%) |
| Median Home Value | $329,401 |
| Average Home Value | $389,341 |
Housing Distribution
Address Breakdown
Residential
991
Single Family
991
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1992
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22843, Mount Solon, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,070 (100%) |
| Owner Occupied HU | 823 (76.9%) |
| Renter Occupied HU | 146 (13.6%) |
| Vacant Housing Units | 101 ( 9.4%) |
| Median Home Value | $329,401 |
| Average Home Value | $389,341 |
Housing Distribution
Address Breakdown
Residential
991
Single Family
991
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rhonda Richie • 1ST CHOICE REAL ESTATE
Mls Name: GASAOR
Mls Provider:
Mls ID: #655392
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.