Steeplechase DrPenn LairdVA22846








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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
Investment property for sale in Penn Laird at Steeplechase Dr, Penn Laird, VA, 22846 at $139,000 posts ROI 39.26% with $743/mo cash flow from $1,607/mo rent. Total monthly income equals $1,607/mo, and annual cash flow records $8,917/yr on $46,079 to close. Return on cash invested measures 39.26% and rental yield reads 13.87% at the current $139,000. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 by year five. Five-year ROI prints 206.74% and total cumulative return in cash totals $95,264.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,607/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Lot
Built in N/A
0.93 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22846, Penn Laird, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 785 (100%) |
| Owner Occupied HU | 559 (71.2%) |
| Renter Occupied HU | 202 (25.7%) |
| Vacant Housing Units | 24 ( 3.1%) |
| Median Home Value | $410,000 |
| Average Home Value | $516,717 |
Housing Distribution
Address Breakdown
Residential
779
Single Family
779
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.



Listed by: Nina Zotov • Trobaugh Group
Mls Name: HRAR
Mls ID: #648698
Disclaimer: Copyright Harrisonburg-Rockingham Association of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.




