107 Aero DrWaynesboroVA22980
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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 Waynesboro at 107 Aero Dr, Waynesboro, VA, 22980 priced at $343,900 converts $1,943/mo rent into after a $1,683/mo obligation. Total monthly income equals $1,943/mo. Return on cash invested prints 18.72% in year one, and rental yield reads 6.78% against a $343,900 entry. Equity gained on principal adds $2,219/yr, while 5% annual appreciation compiles into $95,013 by year five. Five-year ROI reaches 96.22% and total cumulative return in cash sums $109,699. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,943/mo property income covering a $1,683/mo payment, not borrower’s personal income.
Single Family
Built in 1958
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22980, Waynesboro, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,431 (100%) |
| Owner Occupied HU | 9,698 (62.8%) |
| Renter Occupied HU | 4,765 (30.9%) |
| Vacant Housing Units | 968 ( 6.3%) |
| Median Home Value | $306,712 |
| Average Home Value | $338,653 |
Housing Distribution
Address Breakdown
Residential
15,143
Single Family
14,464
Multi-Family
679
Businesses
1,101
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Listed by: Kervin Yoder • Enlisted Auctions
Mls Name: My State MLS
Mls ID: #11467483