LOT 142 Alma Ann Ln, Waynesboro, VA, 22980 | $85/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1724 sft

118 Fox Hill Dr, Staunton, VA, 24401

3 Bed
2 Bath
1568 sft

106 Augusta Ave, Grottoes, VA, 24441

3 Bed
2 Bath
1678 sft

49 Sugarcamp Ln, Stuarts Draft, VA, 24477

3 Bed
3 Bath
2274 sft

149 Brook Ct, Waynesboro, VA, 22980

Nearby investment properties with comparable prices

4 Bed
4 Bath
2080 sft

5972 Cling Ln, Crozet, VA, 22932

3 Bed
4 Bath
2080 sft

5001 Dunnagan Dr, Crozet, VA, 22932

4 Bed
3 Bath
2228 sft

209 Wexford St, Staunton, VA, 24401

4 Bed
4 Bath
2080 sft

5988 Cling Ln, Crozet, VA, 22932

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Waynesboro at LOT 142 Alma Ann Ln, Waynesboro, VA, 22980 generates $2,944/mo in rent and, after a $2,324/mo payment, leaves $85/mo in cash flow. Total monthly income is $2,944/mo, and annual cash flow is $1,016/yr on $157,429 invested. Return on cash invested sits at 20.55% in year one, and rental yield is 7.44% on a $474,900 entry. Equity gained on principal adds $3,064/yr, while 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 106.08% and total cumulative return in cash sums $167,003. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,944/mo property income rather than buyer’s personal income.

Single Family

Built in 2024

10,454 sqft lot

$N/A/sqft

$250 annually 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