656 Timber Ridge RdGlade HillVA24092
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 Glade Hill at 656 Timber Ridge Rd, Glade Hill, VA, 24092 at $349,895 posts ROI 21.8% with $183/mo cash flow from $2,275/mo rent. Total monthly income equals $2,275/mo, and annual cash flow records $2,195/yr on $115,990 to close. Return on cash invested measures 21.8% and rental yield reads 7.8% at the current $349,895. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,670 by year five. Five-year ROI prints 112.71% and total cumulative return in cash totals $130,733.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,275/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1918
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24092, Glade Hill, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,623 (100%) |
| Owner Occupied HU | 1,097 (67.6%) |
| Renter Occupied HU | 304 (18.7%) |
| Vacant Housing Units | 222 (13.7%) |
| Median Home Value | $255,044 |
| Average Home Value | $381,563 |
Housing Distribution
Address Breakdown
Residential
1,303
Single Family
1,303
Multi-Family
0
Businesses
53
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Nearby investment properties with comparable prices
Listed by: ADAM STEPHENSON • RE/MAX ALL STARS
Mls Name: RVAR
Mls ID: #922529