775 Collicello St, Harrisonburg, VA, 22802 | $60/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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775 Collicello St, Harrisonburg, VA, 22802 | $60/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 775 Collicello St, Harrisonburg, VA, 22802 offers a 7.41% rental yield on a $299,900 purchase with $1,853/mo rent. Total monthly income registers $1,853/mo, and a $1,468/mo payment leaves $60/mo available for distribution. Annual cash flow reaches $721/yr on $99,417 to close, and return on cash invested stands at 20.63% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 106.49% and total cumulative return in cash at $105,868. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,853/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this gem of a home in a quiet part of the Friendly City of Harrisonburg! Bungalow style house showcasing a front covered porch to hang outside and greet neighbors on warm weather days. The house features 3 bedrooms and 1 full bath on the main level and a bonus room on the finished upper attic level. HVAC new 2025. The main level with fresh paint boasts a cozy living room with built-ins and kitchen with modern updates including New cabinetry and gas cooking. The bathroom features a soaking tub, pedestal sink and ceramic tile floors. You will find hardwoods throughout the main level. Separate laundry room with access to the spacious rear fenced yard with large shed, perfect for entertaining, relaxing and gardening. And you will love the extra benefit of an upstairs bonus room to use as another bedroom, office, guest room... the possibilities are endless. Don't miss this chance to own this quaint house! Nearby to shopping, dining, entertainment, schools, recreation and highways for easy commuting routes.

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