Covenant Drive, Harrisonburg VA - Investment Data
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📊 How Does Covenant Drive Compare?
| Metric | Covenant Drive | Harrisonburg | Harrisonburg, VA | Virginia |
|---|---|---|---|---|
| Home Value | $116,379 | $116,379 | N/A | $403,170 |
| Avg Rent | $1,793 | $1,793 | N/A | - |
| 5-Year CAGR | 6.9% | 4.1% | N/A | 6.4% |
| Cap Rate | 0.0% | 0.0% | - | - |
Covenant Drive is a neighborhood in Harrisonburg, Virginia. This neighborhood spans 6 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $280,385, which has increased by 3.5% over the past year. With average rents around $1,793/month and home values averaging $116,379, investors can evaluate potential cash flow opportunities in this market.
Home Value Trends
ZIP Codes in Covenant Drive
| ZIP | City | Home Value | Rent | Cap Rate | Rating | Vacancy | Match |
|---|---|---|---|---|---|---|---|
| 22801 | Harrisonburg | $375,740 | $1,922 | 0.0% | 7.3% | City match | |
| 22802 | Harrisonburg | $322,533 | $1,664 | 0.0% | 7.4% | City match | |
| 22803 | Harrisonburg | $0 | — | — | — | — | City match |
| 22807 | Harrisonburg | $0 | — | — | — | 0.0% | City match |
| 22833 | Harrisonburg | $0 | — | — | — | — | City match |
| 22848 | Harrisonburg | $0 | — | — | — | — | City match |
Other Neighborhoods in Harrisonburg
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