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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Harrisonburg at 1074 Greendale Rd, Harrisonburg, VA, 22801 offers $2,531/mo rent that, after a $2,154/mo payment. Total monthly income is $2,531/mo. Return on cash invested measures 19.09% in year one, and rental yield stands at 6.9% at a $440,000 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,564 by year five. Five-year ROI records 98.18% and total cumulative return in cash reaches $143,206. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,531/mo property income versus a $2,154/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22801, Harrisonburg, VA area.
| 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 |
Residential
17,863
Single Family
14,399
Multi-Family
3,464
Businesses
1,902
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Price change | $440,000 |
| 2024-05-13 | Price change | $462,000 |
| 2024-03-19 | Listed for sale | $489,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-12 | $2358.72 | 22.17% | $245,700 | 18.35% |
| 2022-11-12 | $1930.68 | 11.55% | $207,600 | 7.96% |
| 2021-11-12 | $1730.70 | N/A | $192,300 | 1.96% |
Listed by: Steven Dubrueler • COLDWELL BANKER PREMIER LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #650718
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
