1638 Harris Creek Rd, Charlottesville, VA, 22902 | $283/mo Cash Flow

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1638 Harris Creek Rd, Charlottesville, VA, 22902 | $283/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 1638 Harris Creek Rd, Charlottesville, VA, 22902 listed at $449,900 pairs $2,972/mo rent with a $2,202/mo payment to leave $283/mo cash flow. Total monthly income runs $2,972/mo, and annual cash flow reaches $3,391/yr on $149,142 cash to close. Return on cash invested measures 22.18% in year one, and rental yield registers 7.93% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 114.76% and total cumulative return in cash totals $171,154. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,972/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1990

6.15 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover the perfect fusion of rustic charm & modern comfort in this remodeled log cabin, nestled on 6.15 acres of permaculture-designed land w/ mature fruit-bearing trees, grapevines & perennial flowers. Just minutes from downtown Cville. Contemporary updates include high-efficiency double-pane windows, new washer & dryer, a smart home thermostat & Blink cameras. Upstairs living area boasts solid wood floors & spacious open-plan design w/ soaring ceilings, a wood-burning fireplace, & picture window w/ views of the adjacent vineyard. The renovated kitchen has solid maple soft-close cabinets, gorgeous granite countertops, newer appliances. Downstairs additional living space offers third bedroom, full bath, common room & laundry room w/ tile flooring throughout. Large wrap-around porch & outdoor shower. Gently flowing creek meanders through the property rear, leading to a secluded glade. The expansive grounds are ideal for micro-farming, raising animals, or simply enjoying the tranquility of the land. With no light pollution, the night skies are spectacular for stargazing. Rare offering provides the ultimate blend of comfort & sustainability for those seeking private retreat, hobby farm, or lifestyle property with room to grow.

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