429 Pine StWaynesboroGA30830
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Waynesboro rentals match the income profile of 429 Pine St, Waynesboro, GA, 30830. Listed at $160,000, gross rent is $1,765/mo and net cash flow is $754/mo, a 13.24% yield well above national averages. DSCR 2.45 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $44,205 by year five with $1,474/yr in annual principal reduction, projecting $109,300 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 8.0% |
| Monthly Cash Flow | $754 | $1,500 |
City averages based on Waynesboro market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,765 |
| Total Monthly Debt Service | $947 |
| DSCR Ratio | 1.86x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1940
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30830, Waynesboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,001 (100%) |
| Owner Occupied HU | 3,968 (56.7%) |
| Renter Occupied HU | 2,305 (32.9%) |
| Vacant Housing Units | 728 (10.4%) |
| Median Home Value | $163,342 |
| Average Home Value | $272,109 |
Housing Distribution
Address Breakdown
Residential
6,198
Single Family
6,198
Multi-Family
0
Businesses
582
Nearby investment properties with comparable rents
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
Single Family
Built in 1940
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30830, Waynesboro, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,001 (100%) |
| Owner Occupied HU | 3,968 (56.7%) |
| Renter Occupied HU | 2,305 (32.9%) |
| Vacant Housing Units | 728 (10.4%) |
| Median Home Value | $163,342 |
| Average Home Value | $272,109 |
Housing Distribution
Address Breakdown
Residential
6,198
Single Family
6,198
Multi-Family
0
Businesses
582
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices