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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 17 McIlwee Ln, Staunton, VA, 24401 offers $3,407/mo rent that, after a $2,324/mo payment, leaves $569/mo cash flow. Total monthly income is $3,407/mo, and annual cash flow is $6,822/yr on $157,429 cash. Return on cash invested measures 24.24% in year one, and rental yield stands at 8.61% at a $474,900 entry. Equity gained on principal adds $3,064/yr while 5% annual appreciation compounds into $131,206 by year five. Five-year ROI records 125.81% and total cumulative return in cash reaches $198,059. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,407/mo property income versus a $2,324/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.29 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Cheyenne Cockrell • Keller Williams Alliance
Mls Name: CAAR
Mls ID: #668064
