24 Alma Ann Ln, Waynesboro, VA, 22980 | 6.36% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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24 Alma Ann Ln, Waynesboro, VA, 22980 | 6.36% Rental Yield | 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 24 Alma Ann Ln, Waynesboro, VA, 22980 listed at $401,904 pairs $2,130/mo rent with a $1,967/mo payment. Total monthly income runs $2,130/mo. Return on cash invested measures 17.27% in year one, and rental yield registers 6.36% at a $401,904 basis. Equity gained on principal adds $2,593/yr, and annual property appreciation at 5% supports $111,039 by year five. Five-year ROI tracks 88.48% and total cumulative return in cash totals $117,878. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,130/mo property income relative to a $1,967/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

10,018 sqft lot

$N/A/sqft

$250 annually HOA

More details about the property

OPEN HOUSE 4/27 1-3 pm!! This one is sold but come tour and learn about building in the neighborhood. This popular CHAMPION floor plan is built by Oaktree Builders and is located in the Oakbridge Community of Bridgeport in Augusta County and Wilson School District. This spacious home offers an open concept kitchen, dining and living room area with vaulted ceilings, large primary suite with an amazing primary bath, covered back patio and covered front porch. Additional features include granite kitchen counters, island breakfast bar, tiled primary shower, spacious laundry/mud room, 2 car garage, double hung windows, 2"x6" walls, 14 seer Heat Pump, electric 50-gallon water heater, luxury vinyl plank flooring throughout and sidewalks on at least one side of every street in the neighborhood. Lots of floor plans to choose from. There are a few lots left but a new section is opening soon.

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