65 Timberline DrBlue RidgeVA24064
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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 Blue Ridge at 65 Timberline Dr, Blue Ridge, VA, 24064 offers $2,424/mo rent that, after a $1,762/mo payment, leaves $272/mo cash flow. Total monthly income is $2,424/mo, and annual cash flow is $3,265/yr on $119,323 cash. Return on cash invested measures 22.64% in year one, and rental yield stands at 8.08% at a $359,950 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,448 by year five. Five-year ROI records 117.29% and total cumulative return in cash reaches $139,950. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,424/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24064, Blue Ridge, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,149 (100%) |
| Owner Occupied HU | 1,781 (82.9%) |
| Renter Occupied HU | 196 ( 9.1%) |
| Vacant Housing Units | 172 ( 8.0%) |
| Median Home Value | $274,656 |
| Average Home Value | $323,932 |
Housing Distribution
Address Breakdown
Residential
2,012
Single Family
2,012
Multi-Family
0
Businesses
85
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Listed by: JENNA LAWRENCE • RE/MAX ALL STARS
Mls Name: RVAR
Mls ID: #919428