3035 Taylor Spring LnRockinghamVA22801
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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
Rental property for sale in Rockingham at 3035 Taylor Spring Ln, Rockingham, VA, 22801 generates $2,630/mo in rent and, after a $1,527/mo payment, leaves $700/mo in cash flow. Total monthly income is $2,630/mo, and annual cash flow is $8,400/yr on $103,428 invested. Return on cash invested sits at 28.03% in year one, and rental yield is 10.12% on a $312,000 entry. Equity gained on principal adds $2,013/yr, while 5% annual appreciation builds toward $86,200 over five years. Five-year ROI reaches 146.37% and total cumulative return in cash sums $151,391. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,630/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
4,791 sqft lot
$N/A/sqft
$65 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22801, Harrisonburg, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
17,863
Single Family
14,399
Multi-Family
3,464
Businesses
1,902
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Listed by: Brandon Obaugh • Funkhouser Real Estate Group
Mls Name: CAAR
Mls Provider:
Mls ID: #665260