115 Walnut Hills DrCastlewoodVA24224
INVESTMENT ANALYSIS
Investment Verdict
Solid Income115 Walnut Hills Dr, Castlewood, VA, 24224 in Castlewood is a solid income-producing rental, 9.28% gross yield, $1,780/mo rent, $405/mo net cash flow on a $230,000 buy. DSCR 1.72 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $63,545 and $2,118/yr in principal reduction project a total cumulative return of $113,098.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $405 | $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 | $1,780 |
| Total Monthly Debt Service | $1,283 |
| DSCR Ratio | 1.39x |
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.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24224, Castlewood, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,986 (100%) |
| Owner Occupied HU | 2,046 (68.5%) |
| Renter Occupied HU | 466 (15.6%) |
| Vacant Housing Units | 474 (15.9%) |
| Median Home Value | $122,854 |
| Average Home Value | $166,968 |
Housing Distribution
Address Breakdown
Residential
1,977
Single Family
1,977
Multi-Family
0
Businesses
84
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 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24224, Castlewood, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,986 (100%) |
| Owner Occupied HU | 2,046 (68.5%) |
| Renter Occupied HU | 466 (15.6%) |
| Vacant Housing Units | 474 (15.9%) |
| Median Home Value | $122,854 |
| Average Home Value | $166,968 |
Housing Distribution
Address Breakdown
Residential
1,977
Single Family
1,977
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A