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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 66 Rex Rd, Harrisonburg, VA, 22801 priced at $299,900 pairs $1,561/mo rent with after a $1,468/mo payment. Total monthly income equals $1,561/mo. Return on cash invested is 17.1% in year one, and rental yield stands at 6.25% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 87.54% and total cumulative return in cash reaches $87,028. For financing, Ziffy Mortgage’s DSCR program evaluates $1,561/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1989
6,098 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 |
|---|---|---|
| 2025-04-15 | Listed for sale | $299,900 |
| 2002-12-30 | Sold | $119,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-16 | $2404.81 | 34.39% | $238,100 | 27.74% |
| 2023-04-16 | $1789.44 | 18.77% | $186,400 | 15.06% |
| 2022-04-16 | $1506.60 | 5.75% | $162,000 | 2.34% |
Listed by: Spencer Wenger • Kline May Realty
Mls Name: HRAR
Mls ID: #663236
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
