Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 2949 Locust Grove Ct, Harrisonburg, VA, 22801 listed at $285,000 pairs $990/mo rent with a $1,395/mo payment. Total monthly income runs $990/mo. Return on cash invested measures 10.14% in year one, and rental yield registers 4.17% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 50.51% and total cumulative return in cash totals $47,718. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $990/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2022
1,742 sqft lot
$N/A/sqft
$55 monthly 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 |
|---|---|---|
| 2025-08-25 | Listed for sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Scott Rogers • Funkhouser Real Estate Group
Mls Name: CAAR
Mls Provider:
Mls ID: #668272
