326 & 328 Running Pine Rd, Luray, VA, 22835 | 2.4% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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326 & 328 Running Pine Rd, Luray, VA, 22835 | 2.4% 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 $1,996/mo, and a $4,895/mo payment. Purchase price stands at $1,000,000, and rental yield measures 2.4% with $1,996/mo rent. Return on cash invested shows 5.54% in year one, and 5% annual appreciation builds toward $276,282 over five years. Five-year ROI reaches 25.45% and total cumulative return in cash records $83,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,996/mo property income covering a $4,895/mo payment rather than investor’s personal income.

Single Family

Built in 1913

66.95 Acres lot

$N/A/sqft

No HOA

More details about the property

Your opportunity to own a Shenandoah Valley Farm featuring 2 Homes located on 66.95 acres of secluded mix of wooded recreational land and pasture. Great views to the east of the Shenandoah National Park.Once a working vineyard, the improvements include a unique architectural designed workshop/barn, a 1913 farmhouse featuring 3 bedrooms 1 bathroom and 1586 square feet but in need of complete renovation, a bank barn and a manufactured home with a Well. The Mix of fenced pasture and woodland makes this an excellent opportunity to create the farm or recreational oasis you have dreamed of. Abundant Wildlife and varied habitat makes for excellent hunting! House and improvements Sold As Is

Neighborhood Data

Neighborhood data shown for ZIP Code: 22835, Luray, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,019 (100%)
Owner Occupied HU	3,628 (60.3%)
Renter Occupied HU	1,352 (22.5%)
Vacant Housing Units	1,039 (17.3%)
Median Home Value	$279,664
Average Home Value	$327,532