14287 Ridge RdWaynesboroPA17268
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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 14287 Ridge Rd, Waynesboro, PA, 17268 offers a 10.99% rental yield on a $450,000 purchase with $4,120/mo rent. Total monthly income registers $4,120/mo, and a $2,203/mo payment leaves $1,171/mo available for distribution. Annual cash flow reaches $14,049/yr on $149,175 to close, and return on cash invested stands at 29.33% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 153.82% and total cumulative return in cash at $229,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,120/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.86 Acres 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: Judah Hoover • Keller Williams of Central PA
Mls Name: Bright MLS
Mls ID: #PAFL2029476