203 Ramblewood RdChilhowieVA24319
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow203 Ramblewood Rd, Chilhowie, VA, 24319 in Chilhowie earns its strong cash-flow label: 11.82% yield, $2,005/mo rent, $789/mo net income, DSCR 2.19. The $203,500 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $56,223 by year five. Combined with $1,874/yr in principal paydown, total projected return reaches $127,748.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.8% | 6.2% |
| Monthly Cash Flow | $789 | $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 | $2,005 |
| Total Monthly Debt Service | $1,136 |
| DSCR Ratio | 1.77x |
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 1974
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24319, Chilhowie, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,287 (100%) |
| Owner Occupied HU | 2,145 (65.3%) |
| Renter Occupied HU | 694 (21.1%) |
| Vacant Housing Units | 448 (13.6%) |
| Median Home Value | $172,189 |
| Average Home Value | $204,587 |
Housing Distribution
Address Breakdown
Residential
2,644
Single Family
2,644
Multi-Family
0
Businesses
154
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 1974
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24319, Chilhowie, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,287 (100%) |
| Owner Occupied HU | 2,145 (65.3%) |
| Renter Occupied HU | 694 (21.1%) |
| Vacant Housing Units | 448 (13.6%) |
| Median Home Value | $172,189 |
| Average Home Value | $204,587 |
Housing Distribution
Address Breakdown
Residential
2,644
Single Family
2,644
Multi-Family
0
Businesses
154
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Terri Morphew Blevins • Deer Valley Realty Inc
Mls Name: SWVAR
Mls Provider:
Mls ID: #100060
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.