3621 Timberline TrlRoanokeVA24018
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 3621 Timberline Trl, Roanoke, VA, 24018 in Roanoke: $1,528/mo in rent, $422/mo in net income, 9.91% gross yield, 1.84 DSCR, all at $184,950. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $51,098 in appreciation and $1,703/yr in principal paydown projects total cumulative return of $97,129.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.9% | 4.8% |
| Monthly Cash Flow | $422 | $850 |
City averages based on Roanoke market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,528 |
| Total Monthly Debt Service | $1,032 |
| DSCR Ratio | 1.48x |
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.
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
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
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