1900 Creekside CtMcgaheysvilleVA22840
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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
Rental property for sale in Mcgaheysville at 1900 Creekside Ct, Mcgaheysville, VA, 22840 priced at $319,900 pairs $1,859/mo rent with after a $1,566/mo payment. Total monthly income equals $1,859/mo. Return on cash invested is 19.3% in year one, and rental yield stands at 6.97% on a $319,900 basis. Equity gained on principal adds $2,064/yr, and 5% annual appreciation accumulates to $88,382 by year five. Five-year ROI measures 99.33% and total cumulative return in cash reaches $105,332. For financing, Ziffy Mortgage’s DSCR program evaluates $1,859/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.46 Acres lot
$N/A/sqft
No 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: Ethan Smith • Massanutten Realty
Mls Name: HRAR
Mls ID: #654976
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.