3621 Timberline TrlRoanokeVA24018
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
Investment Highlights
Investment property for sale in Roanoke at 3621 Timberline Trl, Roanoke, VA, 24018 offers a 9.91% rental yield on a $184,950 purchase with $1,528/mo rent. Total monthly income registers $1,528/mo, and a $905/mo payment leaves $423/mo available for distribution. Annual cash flow reaches $5,072/yr on $61,311 to close, and return on cash invested stands at 28.18% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,098 over five years. Portfolio math shows five-year ROI at 146.93% and total cumulative return in cash at $90,083. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,528/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24018, Roanoke, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,125 (100%) |
| Owner Occupied HU | 12,406 (68.4%) |
| Renter Occupied HU | 4,608 (25.4%) |
| Vacant Housing Units | 1,111 ( 6.1%) |
| Median Home Value | $361,586 |
| Average Home Value | $429,725 |
Housing Distribution
Address Breakdown
Residential
17,942
Single Family
14,495
Multi-Family
3,447
Businesses
1,677
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices