245 Camden DrWaynesboroVA22980
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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 245 Camden Dr, Waynesboro, VA, 22980 generates $2,365/mo in rent and, after a $1,556/mo payment, leaves $402/mo in cash flow. Total monthly income is $2,365/mo, and annual cash flow is $4,822/yr on $105,414 invested. Return on cash invested sits at 24.48% in year one, and rental yield is 8.92% on a $317,990 entry. Equity gained on principal adds $2,052/yr, while 5% annual appreciation builds toward $87,855 over five years. Five-year ROI reaches 127.35% and total cumulative return in cash sums $134,240. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,365/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
2,178 sqft lot
$N/A/sqft
$188 quarterly 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 |
Housing Distribution
Address Breakdown
Residential
15,143
Single Family
14,464
Multi-Family
679
Businesses
1,101
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Listed by: Victoria Clark • D.R. Horton Realty of Virginia LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #671196