165 Wakefield PlHarrisonburgVA22801
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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 165 Wakefield Pl, Harrisonburg, VA, 22801 with 5% annual appreciation on a $268,000 basis while $1,357/mo rent supports operations. 26% in year one. Equity gained on principal adds $1,729/yr, and five-year appreciation sums $74,043 alongside rental yield of 6.08%. Five-year ROI measures 83.12% and total cumulative return in cash totals $73,845. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,357/mo property income versus a $1,312/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
7,405 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: Debbie Knupp • Kline May Realty
Mls Name: HRAR
Mls ID: #662644
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.