11315 Port Republic RdPort RepublicVA24471
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 Port Republic at 11315 Port Republic Rd, Port Republic, VA, 24471 offers a 6.88% rental yield on a $347,500 purchase with $1,991/mo rent. 01% in year one. Equity gained on principal adds $2,242/yr while 5% annual appreciation supports $96,008 over five years. Portfolio math shows five-year ROI at 97.75% and total cumulative return in cash at $112,605. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,991/mo property income against a $1,701/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24471, Port Republic, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 658 (100%) |
| Owner Occupied HU | 502 (76.3%) |
| Renter Occupied HU | 100 (15.2%) |
| Vacant Housing Units | 56 ( 8.5%) |
| Median Home Value | $482,075 |
| Average Home Value | $474,950 |
Housing Distribution
Address Breakdown
Residential
583
Single Family
583
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nick Whitelock • Massanutten Realty
Mls Name: HRAR
Mls ID: #657284
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.