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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% |
Investment property for sale in Rockingham at 3431 Monterey Dr #32F, Rockingham, VA, 22801 uses $112,677 cash to close to unlock $1,341/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $2,394/mo, and a $1,664/mo payment keeps the spread at $112/mo. Purchase price stands at $339,900, and rental yield measures 8.45% with $2,394/mo rent. Return on cash invested shows 21.1% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 109.92% and total cumulative return in cash records $123,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,394/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 2023
5,227 sqft lot
$N/A/sqft
$250 monthly HOA
Neighborhood data shown for ZIP Code: 22801, Harrisonburg, VA area.
| 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 |
Residential
17,863
Single Family
14,399
Multi-Family
3,464
Businesses
1,902
Date | Event | Price |
|---|---|---|
| 2024-10-05 | Listed for sale | $339,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Emma Cappellini • RE/MAX Distinctive
Mls Name: HRAR
Mls ID: #657529
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
