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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bridgewater at 3332 Hill Gap Rd, Bridgewater, VA, 22812 generates $2,497/mo in rent, after a $2,932/mo payment. Total monthly income is $2,497/mo. Return on cash invested sits at 13.46% in year one, and rental yield is 5% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 67.96% and total cumulative return in cash sums $133,930. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,497/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22812, Bridgewater, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,586 (100%) |
| Owner Occupied HU | 2,358 (65.8%) |
| Renter Occupied HU | 987 (27.5%) |
| Vacant Housing Units | 241 ( 6.7%) |
| Median Home Value | $391,958 |
| Average Home Value | $461,972 |
Residential
3,483
Single Family
3,393
Multi-Family
90
Businesses
191
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Listed for sale | $599,000 |
| 2021-08-11 | Sold | $197,500 |
| 2021-06-15 | Pending sale | $199,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-21 | $1182.52 | N/A | $173,900 | N/A |
| 2022-11-21 | $1182.52 | 19.43% | $173,900 | 29.97% |
| 2021-11-21 | $990.12 | N/A | $133,800 | N/A |
Listed by: Leila Longcor • Kline May Realty
Mls Name: HRAR
Mls ID: #658694
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
