217 Fairview AveWaynesboroPA17268
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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 217 Fairview Ave, Waynesboro, PA, 17268 offers $1,477/mo rent that, after a $1,199/mo payment. Total monthly income is $1,477/mo. Return on cash invested measures 18.01% in year one, and rental yield stands at 7.23% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 93.17% and total cumulative return in cash reaches $75,672. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,477/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
9,148 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17268, Waynesboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,979 (100%) |
| Owner Occupied HU | 9,214 (65.9%) |
| Renter Occupied HU | 3,933 (28.1%) |
| Vacant Housing Units | 832 ( 6.0%) |
| Median Home Value | $272,603 |
| Average Home Value | $313,855 |
Housing Distribution
Address Breakdown
Residential
12,747
Single Family
12,402
Multi-Family
345
Businesses
711
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Listed by: Jonathan Lewis • RE/MAX Premier Executives
Mls Name: Bright MLS
Mls ID: #PAFL2030902