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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 Harrisonburg at 240 W View St, Harrisonburg, VA, 22801 generates $2,356/mo in rent, after a $2,300/mo payment. Total monthly income is $2,356/mo. Return on cash invested sits at 16.21% in year one, and rental yield is 6.02% on a $469,900 entry. Equity gained on principal adds $3,032/yr, while 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 82.84% and total cumulative return in cash sums $129,038. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,356/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
8,712 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $469,900 |
| 2019-05-21 | Sold | $278,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $4080.40 | 12.83% | $404,000 | 7.25% |
| 2023-04-23 | $3616.32 | 17.48% | $376,700 | 13.81% |
| 2022-04-23 | $3078.30 | 9.59% | $331,000 | 6.06% |
Listed by: Derik Trissel • Real Broker LLC
Mls Name: HRAR
Mls ID: #663572
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
