








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 Harrisonburg at 3591 Forest Oaks Ln, Harrisonburg, VA, 22801 listed at $339,900 pairs $2,306/mo rent with a $1,664/mo payment to leave $165/mo cash flow. Total monthly income runs $2,306/mo, and annual cash flow reaches $1,977/yr on $112,677 cash to close. Return on cash invested measures 21.66% in year one, and rental yield registers 8.14% at a $339,900 basis. Equity gained on principal adds $2,193/yr, and annual property appreciation at 5% supports $93,908 by year five. Five-year ROI tracks 112.4% and total cumulative return in cash totals $126,647. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,306/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
7,405 sqft lot
$N/A/sqft
$109 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 |
|---|---|---|
| 2024-10-14 | Price change | $339,900 |
| 2024-10-05 | Price change | $345,900 |
| 2024-09-29 | Price change | $346,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $1800.64 | N/A | $264,800 | N/A |
| 2022-10-16 | $1800.64 | 12.65% | $264,800 | 22.59% |
| 2021-10-16 | $1598.40 | N/A | $216,000 | N/A |



Listed by: Kozhin Ahmad • Harman Realty Inc
Mls Name: HRAR
Mls ID: #656019
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.