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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% |
Investment property for sale in Rockingham at 700 Frederick Rd, Rockingham, VA, 22801 with 5% annual appreciation on a $865,000 basis while $2,820/mo rent supports operations. 94% in year one. Equity gained on principal adds $5,582/yr, and five-year appreciation sums $238,984 alongside rental yield of 3.91%. Five-year ROI measures 49.12% and total cumulative return in cash totals $139,791. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,820/mo property income versus a $4,234/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.37 Acres lot
$N/A/sqft
$600 annually 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 |
|---|---|---|
| 2024-10-15 | Listed for sale | $865,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Katie Bondaruk • Trobaugh Group
Mls Name: HRAR
Mls ID: #657887
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.
