1502 Holly RdCharlottesvilleVA22901
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
Rental property for sale in Charlottesville at 1502 Holly Rd, Charlottesville, VA, 22901 priced at $725,000 pairs $3,986/mo rent with after a $3,549/mo payment. Total monthly income equals $3,986/mo. Return on cash invested is 18.31% in year one, and rental yield stands at 6.6% on a $725,000 basis. Equity gained on principal adds $4,678/yr, and 5% annual appreciation accumulates to $200,304 by year five. Five-year ROI measures 93.94% and total cumulative return in cash reaches $224,081. For financing, Ziffy Mortgage’s DSCR program evaluates $3,986/mo property income against a $3,549/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
1 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DONNA GOINGS • DONNA GOINGS REAL ESTATE LLC
Mls Name: CAAR
Mls ID: #667723