315 W 12th StWaynesboroVA22980
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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
Investment property for sale in Waynesboro at 315 W 12th St, Waynesboro, VA, 22980 listed at $128,600 pairs $1,020/mo rent with a $629/mo payment to leave $252/mo cash flow. Total monthly income runs $1,020/mo, and annual cash flow reaches $3,020/yr on $42,631 cash to close. Return on cash invested measures 26.99% in year one, and rental yield registers 9.52% at a $128,600 basis. Equity gained on principal adds $830/yr, and annual property appreciation at 5% supports $35,530 by year five. Five-year ROI tracks 140.59% and total cumulative return in cash totals $59,935. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,020/mo property income relative to a $629/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1919
N/A 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 |
Housing Distribution
Address Breakdown
Residential
15,143
Single Family
14,464
Multi-Family
679
Businesses
1,101
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Listed by: Kervin Yoder • Enlisted Auctions
Mls Name: My State MLS
Mls ID: #11635353