906 Alta St, Staunton, VA, 24401 | $389/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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906 Alta St, Staunton, VA, 24401 | $389/mo Cash Flow | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Staunton at 906 Alta St, Staunton, VA, 24401 listed at $250,000 pairs $1,884/mo rent with a $1,224/mo payment to leave $389/mo cash flow. Total monthly income runs $1,884/mo, and annual cash flow reaches $4,670/yr on $82,875 cash to close. Return on cash invested measures 25.54% in year one, and rental yield registers 9.04% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 132.83% and total cumulative return in cash totals $110,086. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,884/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1963

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

This well maintained property hasn't been on the market since 1963. Offers 3 bedrooms, 2 of which are on the main level and 1 located in the lower level (which could also be used as an home office), 1 full bath on the main level, large family room with fireplace with gas logs to take the chill off on those cold days. There is plenty of room for storage with space in the utility room or a room off the back of the carport, the outbuilding is located at the top of the back yard. Lots of off street park is also available. On a clear day you can sit on the front porch and enjoy the mountains.

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