








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Chester Gap at 46 Rock Ridge Ln, Chester Gap, VA, 22623 priced at $739,900 converts $4,046/mo rent into after a $3,621/mo obligation. Total monthly income equals $4,046/mo. Return on cash invested prints 18.2% in year one, and rental yield reads 6.56% against a $739,900 entry. Equity gained on principal adds $4,774/yr, while 5% annual appreciation compiles into $204,421 by year five. Five-year ROI reaches 93.39% and total cumulative return in cash sums $227,343. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,046/mo property income covering a $3,621/mo payment, not borrower’s personal income.
Single Family
Built in 2000
2.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22623, Chester Gap, VA area.
| 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 |
Residential
271
Single Family
271
Multi-Family
0
Businesses
2
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Michael Elias • Century 21 Redwood Realty
Mls Name: Bright MLS
Mls ID: #VARP2002240