








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Waynesboro at 173 Langley Dr, Waynesboro, VA, 22980 priced at $425,335 converts $2,130/mo rent into after a $2,082/mo obligation. Total monthly income equals $2,130/mo. Return on cash invested prints 16.22% in year one, and rental yield reads 6.01% against a $425,335 entry. Equity gained on principal adds $2,745/yr, while 5% annual appreciation compiles into $117,512 by year five. Five-year ROI reaches 82.86% and total cumulative return in cash sums $116,834. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,130/mo property income covering a $2,082/mo payment, not borrower’s personal income.
Single Family
Built in 2025
9,147 sqft lot
$N/A/sqft
$250 annually HOA
Neighborhood data shown for ZIP Code: 22980, Waynesboro, VA area.
| 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 |
Residential
15,143
Single Family
14,464
Multi-Family
679
Businesses
1,101
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Listing removed | $2,600 |
| 2025-06-23 | Listed for rent | $2,600 |
| 2025-05-22 | Sold | $425,335 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: KK HOMES TEAM • LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO
Mls Name: CAAR
Mls Provider:
Mls ID: #664717