1309 Palomino TrlRockinghamVA22801
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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 Rockingham at 1309 Palomino Trl, Rockingham, VA, 22801 earns $493/mo cash flow from $2,555/mo rent with a $1,688/mo payment. Total monthly income totals $2,555/mo, and annual cash flow totals $5,920/yr on $114,334 capital. ROI tracks 25.09% on current figures, and rental yield reads 8.89% at a $344,900 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,290 over five years. Five-year ROI reaches 130.35% and total cumulative return in cash sums $149,037. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,555/mo property income instead of your personal income.
Townhouse
Built in 2022
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22801, Harrisonburg, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,863
Single Family
14,399
Multi-Family
3,464
Businesses
1,902
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Listed by: Trevor Crider • Real Broker LLC
Mls Name: CAAR
Mls ID: #670213