6304 Wards RdRustburgVA24588
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 6304 Wards Rd, Rustburg, VA, 24588 in Rustburg. Priced at $198,900, it generates $1,920/mo in gross rent and $731/mo in net monthly cash flow, a 11.58% yield that comfortably supports the 2.15 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,772. Five-year appreciation: $54,952. Equity from principal paydown: $1,832/yr. Total projected cumulative return: $122,326.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $731 | $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 | $1,920 |
| Total Monthly Debt Service | $1,110 |
| DSCR Ratio | 1.73x |
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.
Manufactured
Built in 2005
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24588, Rustburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,025 (100%) |
| Owner Occupied HU | 2,961 (73.6%) |
| Renter Occupied HU | 721 (17.9%) |
| Vacant Housing Units | 343 ( 8.5%) |
| Median Home Value | $254,650 |
| Average Home Value | $251,510 |
Housing Distribution
Address Breakdown
Residential
3,969
Single Family
3,969
Multi-Family
0
Businesses
252
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
Manufactured
Built in 2005
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24588, Rustburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,025 (100%) |
| Owner Occupied HU | 2,961 (73.6%) |
| Renter Occupied HU | 721 (17.9%) |
| Vacant Housing Units | 343 ( 8.5%) |
| Median Home Value | $254,650 |
| Average Home Value | $251,510 |
Housing Distribution
Address Breakdown
Residential
3,969
Single Family
3,969
Multi-Family
0
Businesses
252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices