292 Heather LnStauntonVA24401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Staunton at 292 Heather Ln, Staunton, VA, 24401 at $563,900 posts ROI 15.57% with from $2,732/mo rent. Total monthly income equals $2,732/mo. Return on cash invested measures 15.57% and rental yield reads 5.81% at the current $563,900. Equity gained on principal adds $3,639/yr, and 5% annual appreciation supports $155,795 by year five. Five-year ROI prints 79.43% and total cumulative return in cash totals $147,354. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,732/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2007
0.30 Acres lot
$N/A/sqft
$55 monthly HOA
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 |
Housing Distribution
Address Breakdown
Residential
17,642
Single Family
16,213
Multi-Family
1,429
Businesses
1,247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices