1503 Springhill Rd, Staunton, VA, 24401 | $399/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1503 Springhill Rd, Staunton, VA, 24401 | $399/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Staunton at 1503 Springhill Rd, Staunton, VA, 24401 uses $82,875 cash to close to unlock $4,790/yr annual cash flow and $399/mo monthly cash flow. Total monthly income runs $1,894/mo, and a $1,224/mo payment keeps the spread at $399/mo. Purchase price stands at $250,000, and rental yield measures 9.09% with $1,894/mo rent. Return on cash invested shows 25.69% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 133.6% and total cumulative return in cash records $110,722. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,894/mo property income covering a $1,224/mo payment rather than investor’s personal income.

Single Family

Built in 1965

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

NO SIGN. Welcome to your sweet home in Staunton with many updates! The gleaming hw flrs thruout the main lvl exude warmth & elegance, complemented by abundant nat. light streaming thru updated replacement windows. This charming all-brick ranch features 3 spacious bdrms, (3rd BR currently used as a din rm, can be office) & a full bth. The main lvl has the heart of the home, the liv rm, naturally lit by the large pic window & accented w/a wood burning FP. The warm, updated kit is also a space to love, w/ generous counter space & ample added storage amongst all the added cabinetry. The bsmnt offers more storg & potential for added liv space in the flex rm, laundry & garage. This 1 car garage provides convenience, while 2ND DET GAR (12'x24') is accessible via rear alley. Addtl rear alley grassed area for several more parking spaces! Enjoy outdoor living in the fenced-in yard, ideal for pets, play, & hobbies. Nestled in a desired location, this property combines comfort, functionality, & endless possibilities. New roof, A/C, gas furnace & more. Dont miss the opportunity to make this house your forever home! Located just 1/2 mi from Gypsy Hill Park, 1.7 mi from Staunton Farmers Market & 1.3 mi to Chicano Boy, Pizza Luca & so much more.

Neighborhood Data

Neighborhood data shown for ZIP Code: 24401, Staunton, VA area.

Housing Distribution

Housing Statistics

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