A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
1439 Flowing Spring Ln, Rockingham, VA 22801 • $319,900
MLS# 670690 • Under Contract
| Subdivision: | Taylor Spring |
| Area: | Rockingham |
| Garage: | 1-Car Garage |
| Heating: | Electric, Heat Pump |
| Cooling: | Central AC, Heat Pump |
| Circa: | 2009 (16 years old) |
| Lot Size: | 0.07 acres |
| Association Fee: | $65 |
| Days on Market: | 4 (since Nov 4, 2025) |
| Listing By: | NextHome Realty Select |
Upgraded AND move in ready! This freshly painted 3 bedroom, 2.5 bath townhome features three levels of finished living space all above grade! You will love the custom white kitchen cabinets and granite countertops that compliment the bright living and dining areas on the functional second floor. Upstairs, enjoy 3 generously sized bedrooms, including a primary suite with vaulted ceilings, a walk-in closet with customized shelving, and a private bath. The ground level is the icing on the cake—fully finished with a closet ready to be used as a 4th bedroom or extra living space for a home office, gym or rec room. Fully Fenced backyard, enjoy the beautiful fall weather and field views on the deck or around the firepit. Upgrades include a new Heat Pump (2024), fresh paint, carpets and home professionally cleaned. Located in the highly sought-after Taylor Springs community with easy access to JMU, Sentara RMH and Coffman's Corner shopping. Perfect for everyone, whether you are a first time buyer or seasoned investor, this is the one you have been waiting for! Don't wait, schedule your showing now to get settled in before the holidays!
| Elementary School: Cub Run (Rockingham) | Middle School: Montevideo | High School: Spotswood |
Sample Taylor Spring Investment Analysis....
| Property Details | ||
| Purchase Price | $295,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,700 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $19,584 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,655 | estimate based on median sales price |
| Repairs | $850 | estimate based on typical property condition |
| Association Dues | $660 | estimated to be $55 per month |
| Property Management | $0 | assuming self management |
| Insurance | $1,062 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $5,327 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $19,584 | |
| - Operating Expenses | - $5,327 | |
| Net Operating Income | $14,257 | |
| - Annual Debt Service | - $20,052 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-5,795 | |