438 Diana CtRockinghamVA22801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Rockingham at 438 Diana Ct, Rockingham, VA, 22801 priced at $264,000 pairs $2,220/mo rent with $642/mo cash flow after a $1,292/mo payment. Total monthly income equals $2,220/mo, and annual cash flow comes to $7,704/yr on $87,516 invested. Return on cash invested is 28.71% in year one, and rental yield stands at 10.09% on a $264,000 basis. Equity gained on principal adds $1,704/yr, and 5% annual appreciation accumulates to $72,938 by year five. Five-year ROI measures 149.76% and total cumulative return in cash reaches $131,065. For financing, Ziffy Mortgage’s DSCR program evaluates $2,220/mo property income against a $1,292/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 2000
4,791 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debbie Knupp • Kline May Realty
Mls Name: CAAR
Mls ID: #667141