








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Waynesboro at 51 Kolb Cir, Waynesboro, VA, 22980 offers a 3.01% rental yield on a $1,345,000 purchase with $3,379/mo rent. 53% in year one. Equity gained on principal adds $8,679/yr while 5% annual appreciation supports $371,599 over five years. Portfolio math shows five-year ROI at 36.1% and total cumulative return in cash at $157,304. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,379/mo property income against a $6,583/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
4.18 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22980, Waynesboro, VA area.
| 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 |
Residential
15,143
Single Family
14,464
Multi-Family
679
Businesses
1,101
Date | Event | Price |
|---|---|---|
| 2024-09-02 | Listed for sale | $1,345,000 |
| 2024-07-27 | Listing removed | N/A |
| 2024-04-16 | Listed for sale | $1,350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $3228.75 | N/A | $512,500 | N/A |
| 2022-11-11 | $3228.75 | N/A | $512,500 | N/A |
| 2021-11-11 | $3228.75 | N/A | $512,500 | N/A |



Listed by: Steve White • HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #656433
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.