298 Fillmore St, Staunton, VA, 24401 | $629/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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298 Fillmore St, Staunton, VA, 24401 | $629/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 298 Fillmore St, Staunton, VA, 24401 earns $629/mo cash flow from $1,676/mo rent with a $857/mo payment. Total monthly income totals $1,676/mo, and annual cash flow totals $7,553/yr on $58,013 capital. ROI tracks 32.93% on current figures, and rental yield reads 11.49% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 172.42% and total cumulative return in cash sums $100,027. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,676/mo property income instead of your personal income.

Single Family

Built in 1927

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled in the heart of Historic Staunton, this delightful one-bedroom, two-bath cottage is the epitome of charm and convenience. Located within walking distance to the park and downtown Staunton, youll find yourself immersed in the rich history and vibrant energy that this treasured area offers. The charming front porch is your private haven, overlooking a serene wooded lot and a tranquil street. Begin your mornings here with a hot cup of coffee, letting the peaceful surroundings set the tone for your day. The partially finished walkout basement adds another layer of functionality to this lovely property. Use it as a workshop, a creative studio, or simply as an extra storage area to keep your home organized and clutter-free. This cottage is not just a place to live but a home that resonates with the character of Historic New Town. Its proximity to local parks and the vibrant downtown Staunton ensures you will always be connected to the community and culture around you. Perfect for those seeking a tranquil lifestyle without sacrificing convenience, this home is a rare gem waiting to be discovered. If youre looking for a property that combines charm and a prime location, this quaint cottage is your perfect match!

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