4603 Truman Hill RdHardyVA24101
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 4603 Truman Hill Rd, Hardy, VA, 24101 in Hardy. Priced at $299,000, it generates $2,495/mo in gross rent and $707/mo in net monthly cash flow, a 10.01% yield that comfortably supports the 1.86 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,489. Five-year appreciation: $82,608. Equity from principal paydown: $2,754/yr. Total projected cumulative return: $158,712.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $707 | $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 | $2,495 |
| Total Monthly Debt Service | $1,668 |
| DSCR Ratio | 1.50x |
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 1998
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24101, Hardy, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,436 (78.5%) |
| Renter Occupied HU | 265 ( 8.5%) |
| Vacant Housing Units | 402 (13.0%) |
| Median Home Value | $362,342 |
| Average Home Value | $426,026 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,900
Multi-Family
0
Businesses
250
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 1998
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24101, Hardy, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,436 (78.5%) |
| Renter Occupied HU | 265 ( 8.5%) |
| Vacant Housing Units | 402 (13.0%) |
| Median Home Value | $362,342 |
| Average Home Value | $426,026 |
Housing Distribution
Address Breakdown
Residential
2,900
Single Family
2,900
Multi-Family
0
Businesses
250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana D Montgomery • BERKSHIRE HATHAWAY HOMESERVICES SMITH MOUNTAIN LAKE REAL ESTATE
Mls Name: RVAR
Mls Provider:
Mls ID: #911039
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