








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Harrisonburg at 510 Davis Mills Dr APT 202, Harrisonburg, VA, 22801 generates $1,522/mo in rent, after a $1,312/mo payment. Total monthly income is $1,522/mo. Return on cash invested sits at 18.82% in year one, and rental yield is 6.81% on a $268,000 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation builds toward $74,043 over five years. Five-year ROI reaches 96.75% and total cumulative return in cash sums $85,953. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,522/mo property income rather than buyer’s personal income.
Condo
Built in 2008
1 sqft 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: Matt Ogden • Nest Realty Harrisonburg
Mls Name: Bright MLS
Mls ID: #VAHC2000466