118 Timberbrook Dr #118BristolVA24201
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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
Investment Highlights
Investment property for sale in Bristol at 118 Timberbrook Dr #118, Bristol, VA, 24201 offers a 6.62% rental yield on a $259,900 purchase with $1,434/mo rent. 24% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 93.66% and total cumulative return in cash at $80,698. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,434/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24201, Bristol, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,233 (100%) |
| Owner Occupied HU | 4,485 (54.5%) |
| Renter Occupied HU | 2,808 (34.1%) |
| Vacant Housing Units | 940 (11.4%) |
| Median Home Value | $189,531 |
| Average Home Value | $333,558 |
Housing Distribution
Address Breakdown
Residential
8,028
Single Family
7,263
Multi-Family
765
Businesses
715
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