188 Horse Path LnCharlottesvilleVA22902
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 188 Horse Path Ln, Charlottesville, VA, 22902 with 5% annual appreciation on a $314,840 basis while $2,580/mo rent supports operations. Total monthly income totals $2,580/mo and a $1,541/mo payment preserves $603/mo for cash returns. Annual cash flow comes to $7,235/yr on $104,369 deployed, and return on cash invested reaches 26.84% in year one. Equity gained on principal adds $2,032/yr, and five-year appreciation sums $86,984 alongside rental yield of 9.83%. Five-year ROI measures 140.12% and total cumulative return in cash totals $146,247.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,580/mo property income versus a $1,541/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
1,742 sqft lot
$N/A/sqft
$95 monthly 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: Katie Willis • SM BROKERAGE, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #662093
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.