








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Rockingham at 1241 Tahoe Ct, Rockingham, VA, 22801 earns $883/mo cash flow from $3,872/mo rent with a $2,447/mo payment. Total monthly income totals $3,872/mo, and annual cash flow totals $10,601/yr on $165,717 capital. ROI tracks 26.31% on current figures, and rental yield reads 9.29% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 136.88% and total cumulative return in cash sums $226,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,872/mo property income instead of your personal income.
Single Family
Built in 1989
0.69 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $499,900 |
| 1997-06-16 | Sold | $188,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-27 | $2643.84 | N/A | $388,800 | N/A |
| 2022-04-27 | $2643.84 | 23.67% | $388,800 | 34.58% |
| 2021-04-27 | $2137.86 | N/A | $288,900 | N/A |



Listed by: Mattias Clymer • Funkhouser Real Estate Group
Mls Name: HRAR
Mls ID: #663723
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.