3569 Forest Oaks 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 3569 Forest Oaks Ln, Rockingham, VA, 22801 at $329,000 posts ROI 29.37% with $860/mo cash flow from $2,935/mo rent. Total monthly income equals $2,935/mo, and annual cash flow records $10,315/yr on $109,064 to close. Return on cash invested measures 29.37% and rental yield reads 10.71% at the current $329,000. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 by year five. Five-year ROI prints 153.73% and total cumulative return in cash totals $167,661.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,935/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
4,791 sqft lot
$N/A/sqft
$109 monthly 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: Carrie Brown • MONTAGUE, MILLER & CO.- MADISON
Mls Name: CAAR
Mls Provider:
Mls ID: #658465
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.