317 Blue Stone Hills DrHarrisonburgVA22801
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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 Harrisonburg at 317 Blue Stone Hills Dr, Harrisonburg, VA, 22801 priced at $545,999 converts $2,922/mo rent into after a $2,672/mo obligation. Total monthly income equals $2,922/mo. Return on cash invested prints 17.78% in year one, and rental yield reads 6.42% against a $545,999 entry. Equity gained on principal adds $3,523/yr, while 5% annual appreciation compiles into $150,849 by year five. Five-year ROI reaches 91.11% and total cumulative return in cash sums $163,670. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,922/mo property income covering a $2,672/mo payment, not borrower’s personal income.
Condo
Built in 2004
7,377 sqft lot
$N/A/sqft
No 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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