188 E Riverside DrTimbervilleVA22853
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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 Timberville at 188 E Riverside Dr, Timberville, VA, 22853 offers a 8.88% rental yield on a $284,000 purchase with $2,101/mo rent. Total monthly income registers $2,101/mo, and a $1,390/mo payment leaves $403/mo available for distribution. Annual cash flow reaches $4,840/yr on $94,146 to close, and return on cash invested stands at 25.05% in year one. Equity gained on principal adds $1,833/yr while 5% annual appreciation supports $78,464 over five years. Portfolio math shows five-year ROI at 130.17% and total cumulative return in cash at $122,549. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,101/mo property income against a $1,390/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22853, Timberville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,070 (100%) |
| Owner Occupied HU | 1,475 (71.3%) |
| Renter Occupied HU | 428 (20.7%) |
| Vacant Housing Units | 167 ( 8.1%) |
| Median Home Value | $282,970 |
| Average Home Value | $356,920 |
Housing Distribution
Address Breakdown
Residential
1,878
Single Family
1,878
Multi-Family
0
Businesses
98
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Listed by: Nick Whitelock • Massanutten Realty
Mls Name: HRAR
Mls ID: #657461
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.