








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 5090 Springhouse Cir, Harrisonburg, VA, 22802 listed at $1,750,000 pairs $5,422/mo rent with a $8,565/mo payment. Total monthly income runs $5,422/mo. Return on cash invested measures 9.71% in year one, and rental yield registers 3.72% at a $1,750,000 basis. Equity gained on principal adds $11,292/yr, and annual property appreciation at 5% supports $483,493 by year five. Five-year ROI tracks 47.75% and total cumulative return in cash totals $270,729. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,422/mo property income relative to a $8,565/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
26.64 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22802, Harrisonburg, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,770 (100%) |
| Owner Occupied HU | 6,055 (51.4%) |
| Renter Occupied HU | 5,094 (43.3%) |
| Vacant Housing Units | 621 ( 5.3%) |
| Median Home Value | $337,373 |
| Average Home Value | $376,202 |
Residential
11,172
Single Family
10,123
Multi-Family
1,049
Businesses
579
Date | Event | Price |
|---|---|---|
| 2024-06-20 | Price change | $1,750,000 |
| 2023-08-02 | Listed for sale | $1,950,000 |
| 2023-07-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-12 | $7184.20 | 9.82% | $1,056,500 | 9.82% |
| 2022-11-12 | $6541.60 | 13.65% | $962,000 | 23.68% |
| 2021-11-12 | $5755.72 | N/A | $777,800 | N/A |



Listed by: Pete Laver • Funkhouser Real Estate Group
Mls Name: HRAR
Mls ID: #654188
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.