19 New Hope And Crimora RdWaynesboroVA22980
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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 19 New Hope And Crimora Rd, Waynesboro, VA, 22980 offers $1,747/mo rent that, after a $1,220/mo payment, leaves $257/mo cash flow. Total monthly income is $1,747/mo, and annual cash flow is $3,082/yr on $82,660 cash. Return on cash invested measures 23.64% in year one, and rental yield stands at 8.41% at a $249,350 entry. Equity gained on principal adds $1,609/yr while 5% annual appreciation compounds into $68,891 by year five. Five-year ROI records 122.55% and total cumulative return in cash reaches $101,302. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,747/mo property income versus a $1,220/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.85 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: BILL MCMEANS • REAL ESTATE PLUS
Mls Name: CAAR
Mls Provider:
Mls ID: #663951