








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 Rockingham at 115 Obsidian Ter, Rockingham, VA, 22801 generates $2,394/mo in rent and, after a $1,556/mo payment, leaves $494/mo in cash flow. Total monthly income is $2,394/mo, and annual cash flow is $5,922/yr on $105,414 invested. Return on cash invested sits at 25.53% in year one, and rental yield is 9.03% on a $317,990 entry. Equity gained on principal adds $2,052/yr, while 5% annual appreciation builds toward $87,855 over five years. Five-year ROI reaches 132.71% and total cumulative return in cash sums $139,892. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,394/mo property income rather than buyer’s personal income.
Multi Family
Built in 2025
4,791 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Valley Roots Team • Kline May Realty
Mls Name: CAAR
Mls ID: #670986