1868 Park RdHarrisonburgVA22802
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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 1868 Park Rd, Harrisonburg, VA, 22802 listed at $635,000 pairs $4,043/mo rent with a $3,108/mo payment to leave $230/mo cash flow. Total monthly income runs $4,043/mo, and annual cash flow reaches $2,762/yr on $208,915 cash to close. Return on cash invested measures 21.38% in year one, and rental yield registers 7.64% at a $635,000 basis. Equity gained on principal adds $4,098/yr, and annual property appreciation at 5% supports $175,439 by year five. Five-year ROI tracks 110.48% and total cumulative return in cash totals $230,816. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,043/mo property income relative to a $3,108/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2002
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22802, Harrisonburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,770 (100%) |
| Owner Occupied HU | 6,055 (51.4%) |
| Renter Occupied HU | 5,094 (43.3%) |
| Vacant Housing Units | 621 ( 5.3%) |
| Median Home Value | $337,373 |
| Average Home Value | $376,202 |
Housing Distribution
Address Breakdown
Residential
11,172
Single Family
10,123
Multi-Family
1,049
Businesses
579
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Listed by: Barry Suttles • Kline May Realty
Mls Name: CAAR
Mls Provider:
Mls ID: #665661