578 Hilltop DrStauntonVA24401
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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 578 Hilltop Dr, Staunton, VA, 24401 priced at $303,300 converts $2,446/mo rent into $632/mo cash flow after a $1,485/mo obligation. Total monthly income equals $2,446/mo, and annual cash flow totals $7,589/yr on $100,544 invested. Return on cash invested prints 27.46% in year one, and rental yield reads 9.68% against a $303,300 entry. Equity gained on principal adds $1,957/yr, while 5% annual appreciation compiles into $83,796 by year five. Five-year ROI reaches 143.07% and total cumulative return in cash sums $143,848. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,446/mo property income covering a $1,485/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.28 Acres 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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