3346 Redbud LnRockinghamVA22801
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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 3346 Redbud Ln, Rockingham, VA, 22801 offers a 9.84% rental yield on a $477,000 purchase with $3,910/mo rent. Total monthly income registers $3,910/mo, and a $2,335/mo payment leaves $1,058/mo available for distribution. Annual cash flow reaches $12,699/yr on $158,126 to close, and return on cash invested stands at 27.94% in year one. Equity gained on principal adds $3,078/yr while 5% annual appreciation supports $131,786 over five years. Portfolio math shows five-year ROI at 145.65% and total cumulative return in cash at $230,303. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,910/mo property income against a $2,335/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.36 Acres 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: LaDawn Knicely • Hometown Realty Group
Mls Name: CAAR
Mls ID: #669608