10008 Thomas Jefferson HwyCharlotte Court HouseVA23923
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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
Rental property for sale in Charlotte Court House at 10008 Thomas Jefferson Hwy, Charlotte Court House, VA, 23923 generates $1,913/mo in rent, after a $1,957/mo payment. Total monthly income is $1,913/mo. Return on cash invested sits at 15.59% in year one, and rental yield is 5.74% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 79.39% and total cumulative return in cash sums $105,248. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,913/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23923, Charlotte Court House, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 730 (62.6%) |
| Renter Occupied HU | 233 (20.0%) |
| Vacant Housing Units | 203 (17.4%) |
| Median Home Value | $198,529 |
| Average Home Value | $285,315 |
Housing Distribution
Address Breakdown
Residential
1,033
Single Family
1,033
Multi-Family
0
Businesses
99
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Listed by: Janet Sue Miller • Century 21 Realty @ Home
Mls Name: LMLS
Mls ID: #363490