105 E Orchard Ridge LnRockinghamVA22801
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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
Investment Highlights
Rental property for sale in Rockingham at 105 E Orchard Ridge Ln, Rockingham, VA, 22801 priced at $304,990 converts $990/mo rent into after a $1,493/mo obligation. Total monthly income equals $990/mo. Return on cash invested prints 10.02% in year one, and rental yield reads 3.9% against a $304,990 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,263 by year five. Five-year ROI reaches 49.55% and total cumulative return in cash sums $50,095. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $990/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Townhouse
Built in 2026
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22801, Harrisonburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,135 (100%) |
| Owner Occupied HU | 7,571 (44.2%) |
| Renter Occupied HU | 8,327 (48.6%) |
| Vacant Housing Units | 1,237 ( 7.2%) |
| Median Home Value | $387,728 |
| Average Home Value | $435,761 |
Housing Distribution
Address Breakdown
Residential
17,863
Single Family
14,399
Multi-Family
3,464
Businesses
1,902
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Listed by: Valley Roots Team • Kline May Realty
Mls Name: CAAR
Mls ID: #672685