309 Timber RdBarren SpringsVA24313
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 309 Timber Rd, Barren Springs, VA, 24313 in Barren Springs is listed at $275,000 and delivers $1,889/mo in rent and $245/mo in net monthly cash flow. The 8.24% yield and 1.53 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $75,977 over five years, and $2,533/yr in principal reduction supplements cash return. Total projected cumulative return: $119,823.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $245 | $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 | $1,889 |
| Total Monthly Debt Service | $1,534 |
| DSCR Ratio | 1.23x |
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 1990
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24313, Barren Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 435 (100%) |
| Owner Occupied HU | 347 (79.8%) |
| Renter Occupied HU | 55 (12.6%) |
| Vacant Housing Units | 33 ( 7.6%) |
| Median Home Value | $177,500 |
| Average Home Value | $253,862 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
323
Multi-Family
0
Businesses
12
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 1990
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24313, Barren Springs, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 435 (100%) |
| Owner Occupied HU | 347 (79.8%) |
| Renter Occupied HU | 55 (12.6%) |
| Vacant Housing Units | 33 ( 7.6%) |
| Median Home Value | $177,500 |
| Average Home Value | $253,862 |
Housing Distribution
Address Breakdown
Residential
323
Single Family
323
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Smith Reasor • Berkshire Hathaway Home Services Mountain Sky Properties-Wythev
Mls Name: New River Valley AOR
Mls ID: #424843