882 Vine StHarrisonburgVA22802
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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
Investment Highlights
Rental property for sale in Harrisonburg at 882 Vine St, Harrisonburg, VA, 22802 priced at $214,900 converts $1,750/mo rent into $465/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,750/mo, and annual cash flow totals $5,582/yr on $71,239 invested. Return on cash invested prints 27.74% in year one, and rental yield reads 9.77% against a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,373 by year five. Five-year ROI reaches 144.64% and total cumulative return in cash sums $103,038. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,750/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1987
1,152 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,172
Single Family
10,123
Multi-Family
1,049
Businesses
579
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Listed by: David Lee • Lee & Associates
Mls Name: My State MLS
Mls ID: #11583629