LOT 8 Galloway Spring LnShenandoahVA22849
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
Investment Highlights
Investment property for sale in Shenandoah at LOT 8 Galloway Spring Ln, Shenandoah, VA, 22849 at $164,000 posts ROI 27.91% with $362/mo cash flow from $1,343/mo rent. Total monthly income equals $1,343/mo, and annual cash flow records $4,348/yr on $54,366 to close. Return on cash invested measures 27.91% and rental yield reads 9.83% at the current $164,000. Equity gained on principal adds $1,058/yr, and 5% annual appreciation supports $45,310 by year five. Five-year ROI prints 145.52% and total cumulative return in cash totals $79,113.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,343/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
7.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22849, Shenandoah, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,107
Single Family
2,061
Multi-Family
46
Businesses
95
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Nearby investment properties with comparable prices
Listed by: Lauren Reed • Funkhouser Real Estate Group: Luray
Mls Name: HRAR
Mls ID: #657321
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.