914 Alta 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
Investment property for sale in Staunton at 914 Alta St, Staunton, VA, 24401 uses $74,554 cash to close to unlock $1,384/yr annual cash flow and $115/mo monthly cash flow. Total monthly income runs $1,460/mo, and a $1,101/mo payment keeps the spread at $115/mo. Purchase price stands at $224,900, and rental yield measures 7.79% with $1,460/mo rent. Return on cash invested shows 21.77% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 112.56% and total cumulative return in cash records $83,917. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,460/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.44 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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