2404 Davis Rd, Waynesboro, VA, 22980 | $142/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 2404 Davis Rd, Waynesboro, VA, 22980 uses $140,888 cash to close to unlock $1,699/yr annual cash flow and $142/mo monthly cash flow. Total monthly income runs $2,682/mo, and a $2,080/mo payment keeps the spread at $142/mo. Purchase price stands at $425,000, and rental yield measures 7.57% with $2,682/mo rent. Return on cash invested shows 21.11% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 109.04% and total cumulative return in cash records $153,629. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,682/mo property income covering a $2,080/mo payment rather than investor’s personal income.

Single Family

Built in 1998

0.56 Acres lot

$N/A/sqft

No 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