1015 Bolars Draft RdWarm SpringsVA24484
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 1015 Bolars Draft Rd, Warm Springs, VA, 24484 in Warm Springs is straightforward: $330,000 in, $2,321/mo in rent, $348/mo out after debt service. The 8.44% gross yield and 1.56 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $91,173 by year five. With $3,039/yr in principal equity, the total cumulative return is projected at $147,243.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $348 | $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 | $2,321 |
| Total Monthly Debt Service | $1,841 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Manufactured
Built in 2007
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24484, Warm Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 268 (40.7%) |
| Renter Occupied HU | 71 (10.8%) |
| Vacant Housing Units | 319 (48.5%) |
| Median Home Value | $307,229 |
| Average Home Value | $361,446 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
53
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
Manufactured
Built in 2007
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24484, Warm Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 268 (40.7%) |
| Renter Occupied HU | 71 (10.8%) |
| Vacant Housing Units | 319 (48.5%) |
| Median Home Value | $307,229 |
| Average Home Value | $361,446 |
Housing Distribution
Address Breakdown
Residential
313
Single Family
313
Multi-Family
0
Businesses
53
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DOMINIKA WILLIAMS • HIGHLANDS REALTY & ASSOCIATES LLC
Mls Name: RVAR
Mls ID: #921478