39 Olive StStauntonVA24401
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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
Investment Highlights
Rental property for sale in Staunton at 39 Olive St, Staunton, VA, 24401 priced at $247,000 pairs $1,305/mo rent with after a $1,209/mo payment. Total monthly income equals $1,305/mo. Return on cash invested is 17.39% in year one, and rental yield stands at 6.34% on a $247,000 basis. Equity gained on principal adds $1,594/yr, and 5% annual appreciation accumulates to $68,242 by year five. Five-year ROI measures 89.13% and total cumulative return in cash reaches $72,976. For financing, Ziffy Mortgage’s DSCR program evaluates $1,305/mo property income against a $1,209/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No 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
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