








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 Shenandoah at 809 8th St, Shenandoah, VA, 22849 priced at $267,000 pairs $2,288/mo rent with $692/mo cash flow after a $1,307/mo payment. Total monthly income equals $2,288/mo, and annual cash flow comes to $8,301/yr on $88,511 invested. Return on cash invested is 29.29% in year one, and rental yield stands at 10.28% on a $267,000 basis. Equity gained on principal adds $1,723/yr, and 5% annual appreciation accumulates to $73,767 by year five. Five-year ROI measures 152.87% and total cumulative return in cash reaches $135,307. For financing, Ziffy Mortgage’s DSCR program evaluates $2,288/mo property income against a $1,307/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2022
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22849, Shenandoah, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,317 (100%) |
| Owner Occupied HU | 1,548 (66.8%) |
| Renter Occupied HU | 424 (18.3%) |
| Vacant Housing Units | 345 (14.9%) |
| Median Home Value | $210,897 |
| Average Home Value | $268,755 |
Residential
2,107
Single Family
2,061
Multi-Family
46
Businesses
95
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $267,000 |
| 2023-01-03 | Sold | $242,000 |
| 2022-12-23 | Pending sale | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-16 | $1262.90 | -46.11% | $173,000 | -46.11% |
| 2022-04-16 | $2343.30 | N/A | $321,000 | N/A |



Listed by: Greg Pfaff • Kline May Realty
Mls Name: HRAR
Mls ID: #663213
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.