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 Harrisonburg at 510 Davis Mills Dr APT 103, Harrisonburg, VA, 22801 offers a 6.46% rental yield on a $269,000 purchase with $1,448/mo rent. 17% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 73.11% and total cumulative return in cash at $65,195. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,448/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
N/A lot
$N/A/sqft
$265 monthly 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 |
|---|---|---|
| 2025-04-24 | Listed for sale | $269,000 |
| 2024-05-24 | Sold | $265,000 |
| 2024-04-24 | Pending sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $2166.45 | 15.43% | $214,500 | 9.72% |
| 2023-04-24 | $1876.80 | 9.62% | $195,500 | 6.19% |
| 2022-04-24 | $1712.13 | 8.15% | $184,100 | 4.66% |
Listed by: Tina Regan • Funkhouser Real Estate Group
Mls Name: HRAR
Mls ID: #663626
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
