2517 Chesapeake St, Staunton, VA, 24401 | $427/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2517 Chesapeake St, Staunton, VA, 24401 | $427/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 2517 Chesapeake St, Staunton, VA, 24401 uses $96,102 cash to close to unlock $5,123/yr annual cash flow and $427/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,419/mo payment keeps the spread at $427/mo. Purchase price stands at $289,900, and rental yield measures 8.94% with $2,160/mo rent. Return on cash invested shows 25.24% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 131.16% and total cumulative return in cash records $126,045. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,419/mo payment rather than investor’s personal income.

Single Family

Built in 2024

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

This brand-new, single-story residence is perfectly situated in the up and coming west end of Staunton. This charming home offers 3 bedrooms, and 2 full bathrooms complete with en suite and walk in closet in the primary bedroom. An open floor plan seamlessly connects the kitchen, dining and living areas which makes it perfect for entertaining and family gatherings. Storage is abundant in the dream kitchen which boasts granite countertops and stainless appliances. Take your morning coffee on the charming front porch and enjoy the changing leaves on your patio in the large backyard. Shopping and restaurants are within walking distance and easy access to downtown Staunton, I-81 and Route 64 make commuting effortless. Dont miss the chance to make this beautiful home your own.

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