407 Cardinal St, Staunton, VA, 24401 | 6.91% Rental Yield

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407 Cardinal St, Staunton, VA, 24401 | 6.91% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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419 Cardinal St, Staunton, VA, 24401

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 407 Cardinal St, Staunton, VA, 24401 at $379,000 posts ROI 19.12% with from $2,183/mo rent. Total monthly income equals $2,183/mo. Return on cash invested measures 19.12% and rental yield reads 6.91% at the current $379,000. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 by year five. Five-year ROI prints 98.34% and total cumulative return in cash totals $123,551. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,183/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1966

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Custom built home-First time on the Market. You will be amazed by the beauty and excellent condition of this fabulous property. This home features spacious rooms, tastefully updated, and move in ready. From the large living room, family room with fireplace, to the open dining room and kitchen to the bedrooms with beautifully refinished HW flooring. The kitchen has been updated with granite counters, island, tiled backsplash and newer appliances. From the kitchen you can amble onto the attached screened porch through double doors to enjoy coffee in the morning or dinner in the evening with a view of the landscaped back yard. The primary bedroom is large with an attached primary bath featuring a walk-in shower. The full unfinished basement provides lots of natural light and can easily be finished to expand the living space. This is a must see.

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