








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 Mcgaheysville at 258 Red Fox Ct, Mcgaheysville, VA, 22840 offers a 6% rental yield on a $739,900 purchase with $3,697/mo rent. 08% in year one. Equity gained on principal adds $4,774/yr while 5% annual appreciation supports $204,421 over five years. Portfolio math shows five-year ROI at 82.14% and total cumulative return in cash at $199,947. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,697/mo property income against a $3,621/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.34 Acres lot
$N/A/sqft
$985 annually HOA
Neighborhood data shown for ZIP Code: 22840, Mc Gaheysville, VA area.
| 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 |
Residential
2,085
Single Family
1,223
Multi-Family
862
Businesses
89
Date | Event | Price |
|---|---|---|
| 2025-03-25 | Listed for sale | $739,900 |
| 2023-03-15 | Sold | $465,000 |
| 2023-01-30 | Pending sale | $449,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-26 | $2032.52 | N/A | $298,900 | N/A |
| 2022-03-26 | $2032.52 | 31.54% | $298,900 | 43.15% |
| 2021-03-26 | $1545.12 | N/A | $208,800 | N/A |



Listed by: Emily Barone • Funkhouser: East Rockingham
Mls Name: HRAR
Mls ID: #662293
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.