2339 Lanier LnMcgaheysvilleVA22840
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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 Mcgaheysville at 2339 Lanier Ln, Mcgaheysville, VA, 22840 earns from $3,820/mo rent with a $4,038/mo payment. Total monthly income totals $3,820/mo. ROI tracks 14.78% on current figures, and rental yield reads 5.56% at a $825,000 purchase. Equity gained on principal adds $5,324/yr, and 5% annual appreciation supports $227,932 over five years. Five-year ROI reaches 75.18% and total cumulative return in cash sums $204,057. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,820/mo property income instead of your personal income.
Single Family
Built in 2021
0.28 Acres lot
$N/A/sqft
$985 annually 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: Valley Roots Team • Kline May Realty
Mls Name: HRAR
Mls ID: #662319
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.