Spruce Plan, Ivy CommonsWaynesboroVA22980
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
Investment property for sale in Waynesboro at Spruce Plan, Ivy Commons, Waynesboro, VA, 22980 at $324,990 posts ROI 26.15% with $560/mo cash flow from $2,503/mo rent. Total monthly income equals $2,503/mo, and annual cash flow records $6,719/yr on $107,734 to close. Return on cash invested measures 26.15% and rental yield reads 9.24% at the current $324,990. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,789 by year five. Five-year ROI prints 136% and total cumulative return in cash totals $146,518.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,503/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
N/A 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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Nearby investment properties with comparable prices
Listed by: N/A • Ryan Homes
Mls Name: Ryan Homes
Mls Provider:
Mls ID: #N/A