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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% |
Investment property for sale in Staunton at 311 N Lewis St, Staunton, VA, 24401 earns $185/mo cash flow from $2,248/mo rent with a $1,689/mo payment. Total monthly income totals $2,248/mo, and annual cash flow totals $2,223/yr on $114,368 capital. ROI tracks 21.85% on current figures, and rental yield reads 7.82% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 113.02% and total cumulative return in cash sums $129,256. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,248/mo property income instead of your personal income.
Single Family
Built in 1900
6,098 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: DEBORAH SHICKEL • BISHOP REALTY
Mls Name: CAAR
Mls ID: #666467
