46 Rock Ridge LnChester GapVA22623
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing46 Rock Ridge Ln, Chester Gap, VA, 22623 in Chester Gap is a stable, well-positioned rental at $739,900. Rental yield 6.56%. DSCR 1.22 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $204,421 in value and $6,815/yr in principal paydown builds equity, a total projected return of $255,648.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(377) | $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 | $4,046 |
| Total Monthly Debt Service | $4,129 |
| DSCR Ratio | 0.98x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2000
2.39 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 2000
2.39 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: Michael Elias • Century 21 Redwood Realty
Mls Name: Bright MLS
Mls ID: #VARP2002240