7382 Laurel Fork RdBlue GrassVA24413
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 7382 Laurel Fork Rd, Blue Grass, VA, 24413 in Blue Grass. Priced at $160,000, it generates $1,458/mo in gross rent and $502/mo in net monthly cash flow, a 10.94% yield that comfortably supports the 2.03 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $6,018. Five-year appreciation: $44,205. Equity from principal paydown: $1,474/yr. Total projected cumulative return: $92,848.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.2% |
| Monthly Cash Flow | $502 | $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 | $1,458 |
| Total Monthly Debt Service | $893 |
| DSCR Ratio | 1.63x |
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 1920
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24413, Blue Grass, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 184 (100%) |
| Owner Occupied HU | 84 (45.7%) |
| Renter Occupied HU | 16 ( 8.7%) |
| Vacant Housing Units | 84 (45.7%) |
| Median Home Value | $296,875 |
| Average Home Value | $323,006 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
14
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 1920
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24413, Blue Grass, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 184 (100%) |
| Owner Occupied HU | 84 (45.7%) |
| Renter Occupied HU | 16 ( 8.7%) |
| Vacant Housing Units | 84 (45.7%) |
| Median Home Value | $296,875 |
| Average Home Value | $323,006 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DUANE TURNER • OLD DOMINION REALTY INC - AUGUSTA
Mls Name: CAAR
Mls Provider:
Mls ID: #667991