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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 Broadway at 356 W Springbrook Rd, Broadway, VA, 22815 earns from $2,846/mo rent with a $2,344/mo payment. Total monthly income totals $2,846/mo. ROI tracks 19.78% on current figures, and rental yield reads 7.13% at a $479,000 purchase. Equity gained on principal adds $3,091/yr, and 5% annual appreciation supports $132,339 over five years. Five-year ROI reaches 101.9% and total cumulative return in cash sums $161,811. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,846/mo property income instead of your personal income.
Single Family
Built in 2004
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22815, Broadway, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,958 (100%) |
| Owner Occupied HU | 2,754 (69.6%) |
| Renter Occupied HU | 907 (22.9%) |
| Vacant Housing Units | 297 ( 7.5%) |
| Median Home Value | $299,893 |
| Average Home Value | $378,164 |
Residential
3,788
Single Family
3,726
Multi-Family
62
Businesses
219
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $479,000 |
| 2021-08-25 | Sold | $340,000 |
| 2004-02-23 | Sold | $182,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-25 | $1846.20 | N/A | $271,500 | N/A |
| 2022-04-25 | $1846.20 | 22.96% | $271,500 | 33.81% |
| 2021-04-25 | $1501.46 | N/A | $202,900 | N/A |
Listed by: Leila Longcor • Kline May Realty
Mls Name: HRAR
Mls ID: #663659
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
