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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% |
Rental property for sale in Staunton at 409 Thomas St, Staunton, VA, 24401 generates $2,532/mo in rent and, after a $1,810/mo payment, leaves $321/mo in cash flow. Total monthly income is $2,532/mo, and annual cash flow is $3,855/yr on $122,622 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 8.21% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 119.45% and total cumulative return in cash sums $146,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,532/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
1.13 Acres 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 |
|---|---|---|
| 2025-05-29 | Listed for sale | $369,900 |
| 1994-08-03 | Sold | $108,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $2678.99 | N/A | $301,010 | N/A |
| 2023-05-30 | $2678.99 | 21.88% | $301,010 | 25.99% |
| 2022-05-30 | $2198.06 | N/A | $238,920 | N/A |
Listed by: KATHERINE SCHMANDT • OLD DOMINION REALTY INC - AUGUSTA
Mls Name: CAAR
Mls Provider:
Mls ID: #665143
