130 Highland WayChester GapVA22623
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 130 Highland Way, Chester Gap, VA, 22623 in Chester Gap. Priced at $460,000, it generates $4,439/mo in gross rent and $1,689/mo in net monthly cash flow, a 11.58% yield that comfortably supports the 2.15 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $20,268. Five-year appreciation: $127,090. Equity from principal paydown: $4,237/yr. Total projected cumulative return: $282,740.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $1,689 | $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 | $4,439 |
| Total Monthly Debt Service | $2,567 |
| DSCR Ratio | 1.73x |
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 2025
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22623, Chester Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 284 (100%) |
| Owner Occupied HU | 215 (75.7%) |
| Renter Occupied HU | 50 (17.6%) |
| Vacant Housing Units | 19 ( 6.7%) |
| Median Home Value | $299,242 |
| Average Home Value | $574,047 |
Housing Distribution
Address Breakdown
Residential
271
Single Family
271
Multi-Family
0
Businesses
2
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 2025
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22623, Chester Gap, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 284 (100%) |
| Owner Occupied HU | 215 (75.7%) |
| Renter Occupied HU | 50 (17.6%) |
| Vacant Housing Units | 19 ( 6.7%) |
| Median Home Value | $299,242 |
| Average Home Value | $574,047 |
Housing Distribution
Address Breakdown
Residential
271
Single Family
271
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #VARP2002432