10655 Bailey Springs LnWaynesboroPA17268
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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 Waynesboro at 10655 Bailey Springs Ln, Waynesboro, PA, 17268 offers a 9.18% rental yield on a $119,500 purchase with $914/mo rent. Total monthly income registers $914/mo, and a $585/mo payment leaves $131/mo available for distribution. Annual cash flow reaches $1,570/yr on $39,614 to close, and return on cash invested stands at 23.87% in year one. Equity gained on principal adds $771/yr while 5% annual appreciation supports $33,016 over five years. Portfolio math shows five-year ROI at 124.58% and total cumulative return in cash at $49,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $914/mo property income against a $585/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17268, Waynesboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,979 (100%) |
| Owner Occupied HU | 9,214 (65.9%) |
| Renter Occupied HU | 3,933 (28.1%) |
| Vacant Housing Units | 832 ( 6.0%) |
| Median Home Value | $272,603 |
| Average Home Value | $313,855 |
Housing Distribution
Address Breakdown
Residential
12,747
Single Family
12,402
Multi-Family
345
Businesses
711
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Listed by: Beth Ohler • J&B Real Estate
Mls Name: Bright MLS
Mls ID: #PAFL2029290