








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Staunton at 1408 N Coalter St, Staunton, VA, 24401 priced at $200,000 converts $1,385/mo rent into $189/mo cash flow after a $979/mo obligation. Total monthly income equals $1,385/mo, and annual cash flow totals $2,272/yr on $66,300 invested. Return on cash invested prints 23.34% in year one, and rental yield reads 8.31% against a $200,000 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation compiles into $55,256 by year five. Five-year ROI reaches 120.99% and total cumulative return in cash sums $80,216. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,385/mo property income covering a $979/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 24401, Staunton, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,738 (100%) |
| Owner Occupied HU | 11,292 (60.3%) |
| Renter Occupied HU | 6,126 (32.7%) |
| Vacant Housing Units | 1,320 ( 7.0%) |
| Median Home Value | $308,205 |
| Average Home Value | $398,734 |
Residential
17,642
Single Family
16,213
Multi-Family
1,429
Businesses
1,247
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $1593.90 | N/A | $179,090 | N/A |
| 2023-04-30 | $1593.90 | 25.64% | $179,090 | 29.88% |
| 2022-04-30 | $1268.59 | N/A | $137,890 | N/A |



Listed by: Kk Homes Team • LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO
Mls Name: GASAOR
Mls Provider:
Mls ID: #663866
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.