1130 E High St #JCharlottesvilleVA22902
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 Charlottesville at 1130 E High St #J, Charlottesville, VA, 22902 listed at $735,000 pairs $3,496/mo rent with a $3,597/mo payment. Total monthly income runs $3,496/mo. Return on cash invested measures 15.61% in year one, and rental yield registers 5.71% at a $735,000 basis. Equity gained on principal adds $4,743/yr, and annual property appreciation at 5% supports $203,067 by year five. Five-year ROI tracks 79.46% and total cumulative return in cash totals $192,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,496/mo property income relative to a $3,597/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2019
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LINDSAY MILBY • LORING WOODRIFF REAL ESTATE ASSOCIATES
Mls Name: CAAR
Mls ID: #670001