3211 Joppa CtRockinghamVA22801
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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 Rockingham at 3211 Joppa Ct, Rockingham, VA, 22801 earns $718/mo cash flow from $2,272/mo rent with a $1,272/mo payment. Total monthly income totals $2,272/mo, and annual cash flow totals $8,621/yr on $86,157 capital. ROI tracks 29.92% on current figures, and rental yield reads 10.49% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 156.26% and total cumulative return in cash sums $134,626. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,272/mo property income instead of your personal income.
Multi Family
Built in 2005
5,662 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: Kozhin Ahmad • Real Broker LLC
Mls Name: CAAR
Mls ID: #668665