2822 Jefferson Ln, Waynesboro, VA, 22980 | $119/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2822 Jefferson Ln, Waynesboro, VA, 22980 | $119/mo Cash Flow | 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

Rental property for sale in Waynesboro at 2822 Jefferson Ln, Waynesboro, VA, 22980 generates $2,600/mo in rent and, after a $2,031/mo payment, leaves $119/mo in cash flow. Total monthly income is $2,600/mo, and annual cash flow is $1,433/yr on $137,573 invested. Return on cash invested sits at 20.95% in year one, and rental yield is 7.52% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 108.17% and total cumulative return in cash sums $148,809. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,600/mo property income rather than buyer’s personal income.

Single Family

Built in 1978

0.41 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Jefferson Lane and this charming Colonial-style home! This property boasts an updated kitchen, a newly fenced-in yard, four bedrooms, a spacious unfinished basement, a two-car garage, and over 2000 finished sqft. As for location, it's hard to beat - situated in the highly desirable neighborhood of Stratford Farms, with convenient proximity to shopping and restaurants that Waynesboro offers, without all the hustle and bustle. Enjoy all this home has to offer so you can one day call this your home!

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