1900 Monroe St, Waynesboro, VA, 22980 | $336/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waynesboro at 1900 Monroe St, Waynesboro, VA, 22980 with 5% annual appreciation on a $324,900 basis while $2,278/mo rent supports operations. Total monthly income totals $2,278/mo and a $1,590/mo payment preserves $336/mo for cash returns. Annual cash flow comes to $4,032/yr on $107,704 deployed, and return on cash invested reaches 23.65% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 8.41%. Five-year ROI measures 122.69% and total cumulative return in cash totals $132,137.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,278/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1997

0.33 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