505 Iverson RdWaynesboroPA17268
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
Investment Highlights
Rental property for sale in Waynesboro at 505 Iverson Rd, Waynesboro, PA, 17268 offers $1,380/mo rent that, after a $1,556/mo payment. Total monthly income is $1,380/mo. Return on cash invested measures 11.9% in year one, and rental yield stands at 5.21% at a $317,900 entry. Equity gained on principal adds $2,051/yr while 5% annual appreciation compounds into $87,830 by year five. Five-year ROI records 60.38% and total cumulative return in cash reaches $63,628. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,380/mo property income versus a $1,556/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
2,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 17268, Waynesboro, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,979 (100%) |
| Owner Occupied HU | 9,214 (65.9%) |
| Renter Occupied HU | 3,933 (28.1%) |
| Vacant Housing Units | 832 ( 6.0%) |
| Median Home Value | $272,603 |
| Average Home Value | $313,855 |
Housing Distribution
Address Breakdown
Residential
12,747
Single Family
12,402
Multi-Family
345
Businesses
711
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Nearby investment properties with comparable prices
Listed by: Martha Rose • LGI Realty - Pennsylvania, LLC
Mls Name: Bright MLS
Mls ID: #PAFL2032090