1566 Massanetta Springs RdHarrisonburgVA22801
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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 Harrisonburg at 1566 Massanetta Springs Rd, Harrisonburg, VA, 22801 earns $177/mo cash flow from $2,176/mo rent with a $1,615/mo payment. Total monthly income totals $2,176/mo, and annual cash flow totals $2,122/yr on $109,395 capital. ROI tracks 21.85% on current figures, and rental yield reads 7.91% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 113.07% and total cumulative return in cash sums $123,695. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,176/mo property income instead of your personal income.
Single Family
Built in 1992
0.53 Acres 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: Gail Mitchell • Old Dominion Realty Inc
Mls Name: HRAR
Mls ID: #662866
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.