1024 Cottonwood RdCharlottesvilleVA22901
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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 Charlottesville at 1024 Cottonwood Rd, Charlottesville, VA, 22901 earns $18/mo cash flow from $2,802/mo rent with a $2,232/mo payment. Total monthly income totals $2,802/mo, and annual cash flow totals $214/yr on $151,164 capital. ROI tracks 20.05% on current figures, and rental yield reads 7.37% at a $456,000 purchase. Equity gained on principal adds $2,943/yr, and 5% annual appreciation supports $125,984 over five years. Five-year ROI reaches 103.49% and total cumulative return in cash sums $156,438. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,802/mo property income instead of your personal income.
Single Family
Built in 1965
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22901, Charlottesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 8,917 (52.7%) |
| Renter Occupied HU | 6,745 (39.9%) |
| Vacant Housing Units | 1,244 ( 7.4%) |
| Median Home Value | $546,217 |
| Average Home Value | $630,845 |
Housing Distribution
Address Breakdown
Residential
16,845
Single Family
13,820
Multi-Family
3,025
Businesses
1,227
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Listed by: STEVEN BRADEN • BRADEN PROPERTY MANAGEMENT
Mls Name: CAAR
Mls Provider:
Mls ID: #664453