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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Rockingham at 208 Obsidian Ter, Rockingham, VA, 22801 priced at $357,990 pairs $2,394/mo rent with $254/mo cash flow after a $1,752/mo payment. Total monthly income equals $2,394/mo, and annual cash flow comes to $3,050/yr on $118,674 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 8.02% on a $357,990 basis. Equity gained on principal adds $2,310/yr, and 5% annual appreciation accumulates to $98,906 by year five. Five-year ROI measures 116.38% and total cumulative return in cash reaches $138,110. For financing, Ziffy Mortgage’s DSCR program evaluates $2,394/mo property income against a $1,752/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2025
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22801, Harrisonburg, VA area.
| 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 |
Residential
17,863
Single Family
14,399
Multi-Family
3,464
Businesses
1,902
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Valley Roots Team • Kline May Realty
Mls Name: CAAR
Mls ID: #670987
