38 Timberline Ridge RdStar TanneryVA22654
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
Rental property for sale in Star Tannery at 38 Timberline Ridge Rd, Star Tannery, VA, 22654 offers $2,285/mo rent that, after a $1,566/mo payment, leaves $372/mo cash flow. Total monthly income is $2,285/mo, and annual cash flow is $4,468/yr on $106,080 cash. Return on cash invested measures 24.12% in year one, and rental yield stands at 8.57% at a $320,000 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,410 by year five. Five-year ROI records 125.17% and total cumulative return in cash reaches $132,783. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,285/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
4.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22654, Star Tannery, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 370 (100%) |
| Owner Occupied HU | 304 (82.2%) |
| Renter Occupied HU | 38 (10.3%) |
| Vacant Housing Units | 28 ( 7.6%) |
| Median Home Value | $451,351 |
| Average Home Value | $490,049 |
Housing Distribution
Address Breakdown
Residential
382
Single Family
382
Multi-Family
0
Businesses
10
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Listed by: Shirley French • Funkhouser Real Estate Group
Mls Name: Bright MLS
Mls ID: #VASH2012890