3251 Preston Shore Drive Row #18E, Rockingham, VA, 22801 | 2.05% Rental Yield

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3251 Preston Shore Drive Row #18E, Rockingham, VA, 22801 | 2.05% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $990/mo, and a $2,834/mo payment. Purchase price stands at $579,000, and rental yield measures 2.05% with $990/mo rent. Return on cash invested shows 4.49% in year one, and 5% annual appreciation builds toward $159,967 over five years. Five-year ROI reaches 19.87% and total cumulative return in cash records $37,843. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $990/mo property income covering a $2,834/mo payment rather than investor’s personal income.

Townhouse

Built in 2024

2,178 sqft lot

$N/A/sqft

No HOA

More details about the property

EXCLUSIVE HOME OF THE MONTH PRICE- Rooftop Terrace with Mountain VIEWS! Now selling the Park Place Townhomes overlooking the lake, at Preston Lake. Where a world of modern luxury living awaits you. Just minutes from Harrisonburg, shopping, dining, schools, hiking and skiing. This one-of-a-kind luxury lake side townhome home boasts 4-levels of living. Whether you are relaxing in the finished rec room and/or loft area, enjoying an evening on the rooftop terrace or grilling a meal in private courtyard, you will have plenty of options to entertain family and friends. These spacious homes live like a single-family home with the lock and go convenience of townhome living. Loaded with designer finishes and options like, wide plank flooring, quartz countertops, coffee bar, wet bar and much more. Hurry and reserve yours today, theres still time to customize your home with the interior finishes that fit your style and home dcor, make it a home to remember. MOVE IN TODAY.

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