








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 1464 Palomino Trl, Rockingham, VA, 22801 offers a 9.1% rental yield on a $342,900 purchase with $2,600/mo rent. Total monthly income registers $2,600/mo, and a $1,678/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,706/yr on $113,671 to close, and return on cash invested stands at 24.93% in year one. Equity gained on principal adds $2,213/yr while 5% annual appreciation supports $94,737 over five years. Portfolio math shows five-year ROI at 129.79% and total cumulative return in cash at $147,533. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,600/mo property income against a $1,678/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
4,356 sqft lot
$N/A/sqft
$75 monthly 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 |
|---|---|---|
| 2025-06-30 | Listed for sale | $342,900 |
| 2023-02-28 | Sold | $316,520 |
| 2022-09-20 | Pending sale | $309,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Brad Reese • Melinda Beam Shenandoah Valley Real Estate
Mls Name: CAAR
Mls Provider:
Mls ID: #666317