LOT 68 Boxer LoopMc GaheysvilleVA22840
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at LOT 68 Boxer Loop, Mc Gaheysville, VA, 22840 in Mc Gaheysville speaks for itself: 23.12% gross on a $120,000 price, generating $2,312/mo in rent and $1,578/mo in net income after the $540/mo debt service. DSCR 4.28, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $18,937 stacks alongside $33,154 in projected five-year appreciation and $1,105/yr in principal reduction. Projected total cumulative return: $146,961.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 23.1% | 6.2% |
| Monthly Cash Flow | $1,578 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,312 |
| Total Monthly Debt Service | $687 |
| DSCR Ratio | 3.37x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
0.31 Acres lot
$N/A/sqft
$17 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22840, Mc Gaheysville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,813 (100%) |
| Owner Occupied HU | 1,515 (53.9%) |
| Renter Occupied HU | 278 ( 9.9%) |
| Vacant Housing Units | 1,020 (36.3%) |
| Median Home Value | $408,333 |
| Average Home Value | $448,274 |
Housing Distribution
Address Breakdown
Residential
2,085
Single Family
1,223
Multi-Family
862
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Lot
Built in N/A
0.31 Acres lot
$N/A/sqft
$17 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22840, Mc Gaheysville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,813 (100%) |
| Owner Occupied HU | 1,515 (53.9%) |
| Renter Occupied HU | 278 ( 9.9%) |
| Vacant Housing Units | 1,020 (36.3%) |
| Median Home Value | $408,333 |
| Average Home Value | $448,274 |
Housing Distribution
Address Breakdown
Residential
2,085
Single Family
1,223
Multi-Family
862
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gordon Weirich • Funkhouser: East Rockingham
Mls Name: HRAR
Mls ID: #630540
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.