








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 Shenandoah at 2786 Fleeburg Rd, Shenandoah, VA, 22849 uses $104,423 cash to close to unlock $6,105/yr annual cash flow and $509/mo monthly cash flow. Total monthly income runs $2,392/mo, and a $1,542/mo payment keeps the spread at $509/mo. Purchase price stands at $315,000, and rental yield measures 9.11% with $2,392/mo rent. Return on cash invested shows 25.76% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 133.92% and total cumulative return in cash records $139,841. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,392/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22849, Shenandoah, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,317 (100%) |
| Owner Occupied HU | 1,548 (66.8%) |
| Renter Occupied HU | 424 (18.3%) |
| Vacant Housing Units | 345 (14.9%) |
| Median Home Value | $210,897 |
| Average Home Value | $268,755 |
Residential
2,107
Single Family
2,061
Multi-Family
46
Businesses
95
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $315,000 |
| 2023-03-27 | Sold | $287,500 |
| 2023-03-26 | Pending sale | $299,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-15 | $434.35 | 5.31% | $59,500 | 5.31% |
| 2022-04-15 | $412.45 | N/A | $56,500 | N/A |
| 2021-04-15 | $412.45 | N/A | $56,500 | N/A |



Listed by: Corri Collins • Weichert Realtors Nancy Beahm Real Estate
Mls Name: HRAR
Mls ID: #663156
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.