








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 44 South Ave APT I, Harrisonburg, VA, 22801 listed at $144,900 pairs $1,158/mo rent with a $709/mo payment to leave $292/mo cash flow. Total monthly income runs $1,158/mo, and annual cash flow reaches $3,504/yr on $48,034 cash to close. Return on cash invested measures 27.2% in year one, and rental yield registers 9.59% at a $144,900 basis. Equity gained on principal adds $935/yr, and annual property appreciation at 5% supports $40,033 by year five. Five-year ROI tracks 141.8% and total cumulative return in cash totals $68,113. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,158/mo property income relative to a $709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Ronald Flores • Funkhouser Real Estate Group
Mls Name: CAAR
Mls ID: #666657