1694 Royal Oak CtCharlottesvilleVA22902
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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
Rental property for sale in Charlottesville at 1694 Royal Oak Ct, Charlottesville, VA, 22902 generates $2,563/mo in rent and, after a $1,835/mo payment, leaves $322/mo in cash flow. Total monthly income is $2,563/mo, and annual cash flow is $3,861/yr on $124,313 invested. Return on cash invested sits at 23.01% in year one, and rental yield is 8.2% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 119.23% and total cumulative return in cash sums $148,215. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,563/mo property income rather than buyer’s personal income.
Townhouse
Built in 1994
8,276 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: SASHA TRIPP • STORY HOUSE REAL ESTATE
Mls Name: CAAR
Mls ID: #668135