220 Cleveland 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 220 Cleveland Ave, Waynesboro, PA, 17268 priced at $210,000 pairs $1,657/mo rent with $281/mo cash flow after a $1,028/mo payment. Total monthly income equals $1,657/mo, and annual cash flow comes to $3,369/yr on $69,615 invested. Return on cash invested is 24.75% in year one, and rental yield stands at 9.47% on a $210,000 basis. Equity gained on principal adds $1,355/yr, and 5% annual appreciation accumulates to $58,019 by year five. Five-year ROI measures 129.27% and total cumulative return in cash reaches $89,992. For financing, Ziffy Mortgage’s DSCR program evaluates $1,657/mo property income against a $1,028/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
3,485 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: BRYCE BARNES • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #PAFL2029764