217 Lindburgh Dr, Waynesboro, VA, 22980 | $313/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 217 Lindburgh Dr, Waynesboro, VA, 22980 listed at $509,285 pairs $3,379/mo rent with a $2,493/mo payment to leave $313/mo cash flow. Total monthly income runs $3,379/mo, and annual cash flow reaches $3,761/yr on $167,555 cash to close. Return on cash invested measures 22.31% in year one, and rental yield registers 7.96% at a $509,285 basis. Equity gained on principal adds $3,286/yr, and annual property appreciation at 5% supports $140,706 by year five. Five-year ROI tracks 115.44% and total cumulative return in cash totals $193,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,379/mo property income relative to a $2,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

0.26 Acres lot

$N/A/sqft

$250 annually 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