Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Mc Gaheysville at 4847 Palmer Rd, Mc Gaheysville, VA, 22840 at $745,000 posts ROI 23.27% with $656/mo cash flow from $5,188/mo rent. Total monthly income equals $5,188/mo, and annual cash flow records $7,871/yr on $245,105 to close. Return on cash invested measures 23.27% and rental yield reads 8.36% at the current $745,000. Equity gained on principal adds $4,807/yr, and 5% annual appreciation supports $205,830 by year five. Five-year ROI prints 120.7% and total cumulative return in cash totals $295,832.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,188/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
0.29 Acres lot
$N/A/sqft
$79 monthly HOA
Neighborhood data shown for ZIP Code: 22840, Mc Gaheysville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,813 (100%) |
| Owner Occupied HU | 1,515 (53.9%) |
| Renter Occupied HU | 278 ( 9.9%) |
| Vacant Housing Units | 1,020 (36.3%) |
| Median Home Value | $408,333 |
| Average Home Value | $448,274 |
Residential
2,085
Single Family
1,223
Multi-Family
862
Businesses
89
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Listed for sale | $745,000 |
| 2023-01-26 | Sold | $649,000 |
| 2022-12-28 | Pending sale | $649,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $3272.84 | N/A | $481,300 | N/A |
| 2022-10-16 | $3272.84 | 40.58% | $481,300 | 52.99% |
| 2021-10-16 | $2328.04 | N/A | $314,600 | N/A |
Listed by: Scott Rogers • Funkhouser Real Estate Group
Mls Name: HRAR
Mls ID: #657598
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
