725 Governors WayWaynesboroVA22980
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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 725 Governors Way, Waynesboro, VA, 22980 earns from $2,278/mo rent with a $1,884/mo payment. Total monthly income totals $2,278/mo. ROI tracks 19.69% on current figures, and rental yield reads 7.1% at a $385,000 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 over five years. Five-year ROI reaches 101.39% and total cumulative return in cash sums $129,406. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,278/mo property income instead of your personal income.
Single Family
Built in 1997
7,405 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: JESSICA L SMITH • WESTHILLS LTD. REALTORS
Mls Name: CAAR
Mls ID: #669424