118 Sunset 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
Investment property for sale in Waynesboro at 118 Sunset Dr, Waynesboro, VA, 22980 at $362,500 posts ROI 23.07% with $316/mo cash flow from $2,483/mo rent. Total monthly income equals $2,483/mo, and annual cash flow records $3,795/yr on $120,169 to close. Return on cash invested measures 23.07% and rental yield reads 8.22% at the current $362,500. Equity gained on principal adds $2,339/yr, and 5% annual appreciation supports $100,152 by year five. Five-year ROI prints 119.52% and total cumulative return in cash totals $143,630.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,483/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
0.38 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: RICHARD KANE • WESTHILLS LTD. REALTORS
Mls Name: CAAR
Mls ID: #666698