9448 E Timber Ridge Rd, Grottoes, VA, 24441 | 2.47% Rental Yield

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9448 E Timber Ridge Rd, Grottoes, VA, 24441 | 2.47% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Grottoes at 9448 E Timber Ridge Rd, Grottoes, VA, 24441 earns from $2,470/mo rent with a $5,873/mo payment. Total monthly income totals $2,470/mo. ROI tracks 5.85% on current figures, and rental yield reads 2.47% at a $1,200,000 purchase. Equity gained on principal adds $7,743/yr, and 5% annual appreciation supports $331,538 over five years. Five-year ROI reaches 27.09% and total cumulative return in cash sums $105,311. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,470/mo property income instead of your personal income.

Single Family

Built in 1995

20.88 Acres lot

$N/A/sqft

No HOA

More details about the property

A true piece of paradise on the river! This beautiful home is filled with natural light thanks to numerous windows and skylights, offering stunning views of the Blue Ridge and Massanutten Mountains. The open-concept first floor features vaulted ceilings and a hand-crafted, floor-to-ceiling river rock chimney that serves as the home's striking centerpiece. Pine floors run throughout, complemented by built-ins and custom heart-of-pine cabinets with ample storage. A brand-new roof (installed 3/25) comes with a transferable warranty. Powered by solar, the home offers energy efficiency and comfort with lower utility costs. A central vacuum system keeps everything tidy. The property boasts approx. 900 feet of accessible river frontage. The walk-out basement includes a non-conforming bedroom and full bath. For added peace of mind, there's a water softener and reverse osmosis system. Enjoy the spacious deck, explore wooded trails, or tend to your lovingly maintained garden. Located near Shenandoah National Park, Blue Ridge Parkway, the airport, and Massanutten Four Season Resort. Schedule your private tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 24441, Grottoes, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,967 (100%)
Owner Occupied HU	2,196 (74.0%)
Renter Occupied HU	603 (20.3%)
Vacant Housing Units	168 ( 5.7%)
Median Home Value	$288,621
Average Home Value	$358,472