A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com
1430 Bradley Dr, Harrisonburg, VA 22801 • $255,000
MLS# 673742 • For Sale
| Subdivision: | Camden Townes |
| Area: | Harrisonburg |
| Heating: | Heat Pump |
| Cooling: | Central AC, Heat Pump |
| Circa: | 1989 (37 years old) |
| Lot Size: | 0.08 acres |
| Association Fee: | $175 |
| Days on Market: | 29 (since Feb 27, 2026) |
| Listing By: | Rocktown Realty |
PRIME JMU INVESTMENT OPPORTUNITY! Discover this turnkey 4-bedroom, 2-bathroom townhome in the highly sought-after Camden Townes community. Specifically designed for JMU off-campus housing, 1430 Bradley Drive offers the ultimate "set it and forget it" addition to your real estate portfolio or a perfect home for your student. Interior Highlights: Functional Layout: 1,352 sq. ft. featuring 4 bedrooms and 2 full baths. Modern Convenience: Open-concept living/dining area and a fully equipped kitchen (all appliances convey). Tenant Appeal: High-occupancy design with a private deck for outdoor relaxation. Lifestyle & Amenities: Students love the social atmosphere! Just steps away from the community soccer field, basketball court, hammock area, and fire pits. Unbeatable Location: Located in the heart of the 22801 zip code, you are minutes from James Madison University, Starbucks, and the premium shopping/dining at Stone Port. With a stellar rental history and consistent demand, this property is a standout in the Harrisonburg real estate market. Don't miss this high-yield investment in the vibrant Shenandoah Valley. Schedule your showing today and secure this premier student housing gem! Leased until June 2026
| Elementary School: Stone Spring | Middle School: Thomas Harrison | High School: Harrisonburg |
Sample Camden Townes Investment Analysis....
| Property Details | ||
| Purchase Price | $241,000 | based on median sales price |
| Income (Annual) | ||
| Monthly Rental Rate | $1,600 | estimate based on currently available rental data |
| Projected Vacancy | 4% | half a month per year |
| Gross Operating Income | $18,432 | |
| Expense (Annual) | ||
| Real Estate Taxes | $2,169 | estimate based on median sales price |
| Repairs | $1,600 | estimate based on typical property condition |
| Association Dues | $1,920 | estimated to be $160 per month |
| Property Management | $0 | assuming self management |
| Insurance | $868 | estimate based on recent trends |
| Utilities | $0 | assumes tenant pays all utilities |
| Advertising | $100 | estimate |
| Total Operating Expenses | $6,657 | |
| Cash Flow Before Tax | ||
| Gross Operating Income | $18,432 | |
| - Operating Expenses | - $6,657 | |
| Net Operating Income | $11,775 | |
| - Annual Debt Service | - $16,380 | financing 80% of the purchase price at 7.75% |
| Cash Flow Before Taxes | $-4,605 | |