183 Deer DrMc GaheysvilleVA22840
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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 Mc Gaheysville at 183 Deer Dr, Mc Gaheysville, VA, 22840 with 5% annual appreciation on a $425,000 basis while $2,880/mo rent supports operations. Total monthly income totals $2,880/mo and a $2,080/mo payment preserves $258/mo for cash returns. Annual cash flow comes to $3,091/yr on $140,888 deployed, and return on cash invested reaches 22.1% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 8.13%. Five-year ROI measures 114.59% and total cumulative return in cash totals $161,441.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,880/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
0.29 Acres lot
$N/A/sqft
$82 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22840, Mc Gaheysville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,813 (100%) |
| Owner Occupied HU | 1,515 (53.9%) |
| Renter Occupied HU | 278 ( 9.9%) |
| Vacant Housing Units | 1,020 (36.3%) |
| Median Home Value | $408,333 |
| Average Home Value | $448,274 |
Housing Distribution
Address Breakdown
Residential
2,085
Single Family
1,223
Multi-Family
862
Businesses
89
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Listed by: Nick Whitelock • Massanutten Realty
Mls Name: HRAR
Mls ID: #663029
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.