1361 Villa Way UNIT F, Charlottesville, VA, 22903 | $701/mo Cash Flow

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1361 Villa Way UNIT F, Charlottesville, VA, 22903 | $701/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Charlottesville at 1361 Villa Way UNIT F, Charlottesville, VA, 22903 offers a 11.18% rental yield on a $210,000 purchase with $1,956/mo rent. Total monthly income registers $1,956/mo, and a $1,028/mo payment leaves $701/mo available for distribution. Annual cash flow reaches $8,406/yr on $69,615 to close, and return on cash invested stands at 31.98% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 167.35% and total cumulative return in cash at $116,500. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,956/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1973

N/A lot

$N/A/sqft

No HOA

More details about the property

Great views from this top floor condo at the Villas at Southern Ridge! Plenty of space in this 2 bedroom 2 bath residence with laundry. Fresh paint. HVAC (2018) has been on annual maintenance contract with Albemarle Heating and Air. Dryer (2017). The community offers a pool, tennis courts, playground, & Club House. The Association covers trash, roads, exterior maintenance & amenities. Conveniently located with easy access to Wegman's shopping center, Interstate 64 & UVA.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22903, Charlottesville, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,943 (100%)
Owner Occupied HU	7,004 (37.0%)
Renter Occupied HU	10,256 (54.1%)
Vacant Housing Units	1,683 ( 8.9%)
Median Home Value	$603,432
Average Home Value	$711,730