137 Misty TrlWaynesboroVA22980
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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 137 Misty Trl, Waynesboro, VA, 22980 priced at $599,900 converts $2,675/mo rent into after a $2,936/mo obligation. Total monthly income equals $2,675/mo. Return on cash invested prints 14.47% in year one, and rental yield reads 5.35% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 73.39% and total cumulative return in cash sums $144,856. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,675/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 1983
6.11 Acres lot
$N/A/sqft
$100 annually 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: Krista Fields • REAL BROKER LLC
Mls Name: GASAOR
Mls Provider:
Mls ID: #663890
Disclaimer: Copyright Greater Augusta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.