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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 201 Langley Dr, Waynesboro, VA, 22980 priced at $483,521 converts $2,130/mo rent into after a $2,367/mo obligation. Total monthly income equals $2,130/mo. Return on cash invested prints 14.21% in year one, and rental yield reads 5.29% against a $483,521 entry. Equity gained on principal adds $3,120/yr, while 5% annual appreciation compiles into $133,588 by year five. Five-year ROI reaches 72.05% and total cumulative return in cash sums $115,482. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,130/mo property income covering a $2,367/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
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 ID: #668713
