








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 Luray at 151 Rae Ct, Luray, VA, 22835 earns $383/mo cash flow from $1,996/mo rent with a $1,321/mo payment. Total monthly income totals $1,996/mo, and annual cash flow totals $4,590/yr on $89,502 capital. ROI tracks 25.04% on current figures, and rental yield reads 8.87% at a $269,990 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,593 over five years. Five-year ROI reaches 130.08% and total cumulative return in cash sums $116,422. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,996/mo property income instead of your personal income.
Townhouse
Built in 2025
1,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22835, Luray, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,019 (100%) |
| Owner Occupied HU | 3,628 (60.3%) |
| Renter Occupied HU | 1,352 (22.5%) |
| Vacant Housing Units | 1,039 (17.3%) |
| Median Home Value | $279,664 |
| Average Home Value | $327,532 |
Residential
5,635
Single Family
5,484
Multi-Family
151
Businesses
484
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: Brooks Sears • D R Horton Realty of Virginia LLC
Mls Name: Bright MLS
Mls ID: #VAPA2005640