1108 E Jefferson StCharlottesvilleVA22902
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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 1108 E Jefferson St, Charlottesville, VA, 22902 listed at $1,385,000 pairs $2,929/mo rent with a $6,779/mo payment. Total monthly income runs $2,929/mo. Return on cash invested measures 6.06% in year one, and rental yield registers 2.54% at a $1,385,000 basis. Equity gained on principal adds $8,937/yr, and annual property appreciation at 5% supports $382,650 by year five. Five-year ROI tracks 28.21% and total cumulative return in cash totals $126,578. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,929/mo property income relative to a $6,779/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22902, Charlottesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,851 (100%) |
| Owner Occupied HU | 5,576 (51.4%) |
| Renter Occupied HU | 4,480 (41.3%) |
| Vacant Housing Units | 795 ( 7.3%) |
| Median Home Value | $451,661 |
| Average Home Value | $580,194 |
Housing Distribution
Address Breakdown
Residential
11,194
Single Family
9,644
Multi-Family
1,550
Businesses
1,901
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Listed by: TODD MCGEE • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #666576