








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Broadway at 368 Broadmoor Ln, Broadway, VA, 22815 priced at $459,000 pairs $1,890/mo rent with after a $2,247/mo payment. Total monthly income equals $1,890/mo. Return on cash invested is 13.17% in year one, and rental yield stands at 4.94% on a $459,000 basis. Equity gained on principal adds $2,962/yr, and 5% annual appreciation accumulates to $126,813 by year five. Five-year ROI measures 66.44% and total cumulative return in cash reaches $101,087. For financing, Ziffy Mortgage’s DSCR program evaluates $1,890/mo property income against a $2,247/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
0.51 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $459,000 |
| 2025-04-16 | Listing removed | $459,000 |
| 2025-03-18 | Listed for sale | $459,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-27 | $2178.04 | N/A | $320,300 | N/A |
| 2022-04-27 | $2178.04 | 25.46% | $320,300 | 36.53% |
| 2021-04-27 | $1736.04 | N/A | $234,600 | N/A |



Listed by: Kathie See • Kline May Realty: Broadway
Mls Name: HRAR
Mls ID: #662019
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.