








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 Harrisonburg at 1271 King Edwards Way, Harrisonburg, VA, 22801 listed at $549,900 pairs $1,588/mo rent with a $2,691/mo payment. Total monthly income runs $1,588/mo. Return on cash invested measures 8.79% in year one, and rental yield registers 3.47% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 42.94% and total cumulative return in cash totals $77,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,588/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
10,018 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 |
|---|---|---|
| 2025-06-25 | Listed for sale | $549,900 |
| 2024-01-17 | Listing removed | $436,000 |
| 2024-01-13 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-26 | $3857.19 | 12.61% | $381,900 | 7.03% |
| 2023-06-26 | $3425.28 | 14.74% | $356,800 | 11.15% |
| 2022-06-26 | $2985.30 | 17.75% | $321,000 | 13.95% |



Listed by: Ronald Flores • Funkhouser Real Estate Group
Mls Name: CAAR
Mls Provider:
Mls ID: #666173