322 Mount Hope RdFriesVA24330
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 322 Mount Hope Rd, Fries, VA, 24330 in Fries: $1,370/mo in rent, $288/mo in net income, 9.09% gross yield, 1.68 DSCR, all at $181,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $50,007 in appreciation and $1,667/yr in principal paydown projects total cumulative return of $87,000.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.2% |
| Monthly Cash Flow | $288 | $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 | $1,370 |
| Total Monthly Debt Service | $1,010 |
| DSCR Ratio | 1.36x |
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 2017
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24330, Fries, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,939 (100%) |
| Owner Occupied HU | 1,131 (58.3%) |
| Renter Occupied HU | 316 (16.3%) |
| Vacant Housing Units | 492 (25.4%) |
| Median Home Value | $132,165 |
| Average Home Value | $171,885 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,397
Multi-Family
31
Businesses
50
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 2017
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24330, Fries, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,939 (100%) |
| Owner Occupied HU | 1,131 (58.3%) |
| Renter Occupied HU | 316 (16.3%) |
| Vacant Housing Units | 492 (25.4%) |
| Median Home Value | $132,165 |
| Average Home Value | $171,885 |
Housing Distribution
Address Breakdown
Residential
1,428
Single Family
1,397
Multi-Family
31
Businesses
50
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Delp • Kyle Realty, Inc.
Mls Name: SWVAR
Mls Provider:
Mls ID: #100601
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.