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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 2519 Chesapeake St, Staunton, VA, 24401 generates $2,160/mo in rent and, after a $1,370/mo payment, leaves $487/mo in cash flow. Total monthly income is $2,160/mo, and annual cash flow is $5,841/yr on $92,787 invested. Return on cash invested sits at 26.2% in year one, and rental yield is 9.26% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 136.34% and total cumulative return in cash sums $126,505. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
7,405 sqft 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 |
|---|---|---|
| 2024-08-30 | Listed for sale | $279,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Stephen Lyman • LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO
Mls Name: GASAOR
Mls Provider:
Mls ID: #656383
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
