1217 Jackson AveWaynesboroVA22980
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1217 Jackson Ave, Waynesboro, VA, 22980 generates $1,446/mo in rent, after a $1,319/mo payment. Total monthly income is $1,446/mo. Return on cash invested sits at 17.69% in year one, and rental yield is 6.44% on a $269,500 entry. Equity gained on principal adds $1,739/yr, while 5% annual appreciation builds toward $74,458 over five years. Five-year ROI reaches 90.73% and total cumulative return in cash sums $81,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,446/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
9,583 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SHERRY C ANDERSEN • NEST REALTY GROUP STAUNTON
Mls Name: CAAR
Mls ID: #671613