320 New York AveHarrisonburgVA22801
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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
Investment property for sale in Harrisonburg at 320 New York Ave, Harrisonburg, VA, 22801 at $499,900 posts ROI 21.51% with $220/mo cash flow from $3,209/mo rent. Total monthly income equals $3,209/mo, and annual cash flow records $2,645/yr on $165,717 to close. Return on cash invested measures 21.51% and rental yield reads 7.7% at the current $499,900. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 by year five. Five-year ROI prints 111.13% and total cumulative return in cash totals $184,164.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,209/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
10,018 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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Listed by: Marci Daneker • Trobaugh Group
Mls Name: HRAR
Mls ID: #662741
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.