








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Harrisonburg at 213 Emerson Ln, Harrisonburg, VA, 22802 offers a 10.98% rental yield on a $259,500 purchase with $2,374/mo rent. Total monthly income registers $2,374/mo, and a $1,270/mo payment leaves $823/mo available for distribution. Annual cash flow reaches $9,874/yr on $86,024 to close, and return on cash invested stands at 31.39% in year one. Equity gained on principal adds $1,675/yr while 5% annual appreciation supports $71,695 over five years. Portfolio math shows five-year ROI at 164.11% and total cumulative return in cash at $141,173. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,374/mo property income against a $1,270/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22802, Harrisonburg, VA area.
| 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 |
Residential
11,172
Single Family
10,123
Multi-Family
1,049
Businesses
579
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: Jayne Schlabach • Funkhouser Real Estate Group
Mls Name: CAAR
Mls ID: #670157