530-540 Broad St, Harrisonburg, VA, 22802 | $402/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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530-540 Broad St, Harrisonburg, VA, 22802 | $402/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Harrisonburg at 530-540 Broad St, Harrisonburg, VA, 22802 earns $402/mo cash flow from $1,956/mo rent with a $1,272/mo payment. Total monthly income totals $1,956/mo, and annual cash flow totals $4,829/yr on $86,157 capital. ROI tracks 25.51% on current figures, and rental yield reads 9.03% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 132.65% and total cumulative return in cash sums $114,286. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,956/mo property income instead of your personal income.

Single Family

Built in 1950

6,534 sqft lot

$N/A/sqft

No HOA

More details about the property

Great investment opportunity in Harrisonburg. Both units are 2-bedroom, 1 bath. Tenants occupied, rent is $2,000 per month total - $1,150 and $850 per month. Property sold As Is. One of the Sellers is a licensed real estate salesperson in the Commonwealth of Virginia.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22802, Harrisonburg, VA area.

Housing Distribution

Housing Statistics

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