200 Kingsport Rd, Waynesboro, VA, 22980 | $243/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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200 Kingsport Rd, Waynesboro, VA, 22980 | $243/mo Cash Flow | Ziffy

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 200 Kingsport Rd, Waynesboro, VA, 22980 earns $243/mo cash flow from $2,215/mo rent with a $1,615/mo payment. Total monthly income totals $2,215/mo, and annual cash flow totals $2,910/yr on $109,395 capital. ROI tracks 22.57% on current figures, and rental yield reads 8.05% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 116.86% and total cumulative return in cash sums $127,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,215/mo property income instead of your personal income.

Single Family

Built in 2003

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Contemporary living at its finest! This home has a welcoming layout in the highly sought after Hopeman Station neighborhood and is perfect for the first time homebuyer or the ones that are looking to downsize. The main floor has an open floor plan with granite countertops and stainless steel appliances. There are 2 large bedrooms, a full bath and laundry as well. The upstairs Loft area provides a large bedroom with a sitting area, a walk in closet and a large bathroom. This room has private access to an elevated deck with gorgeous mountain views. The fully Fenced Yard hasa storage shed and a large patio perfect for entertaining. Close to all things Waynesboro!

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