404 James AveWaynesboroVA22980
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Nearby investment properties with comparable prices
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 404 James Ave, Waynesboro, VA, 22980 at $245,000 posts ROI 29.83% with $672/mo cash flow from $2,136/mo rent. Total monthly income equals $2,136/mo, and annual cash flow records $8,059/yr on $81,218 to close. Return on cash invested measures 29.83% and rental yield reads 10.46% at the current $245,000. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 by year five. Five-year ROI prints 155.79% and total cumulative return in cash totals $126,528.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,136/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
6,098 sqft 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: KK HOMES TEAM • LONG & FOSTER REAL ESTATE INC STAUNTON/WAYNESBORO
Mls Name: CAAR
Mls ID: #667385