1950 Locust Hollow Rd, Charlottesville, VA, 22903 | 5.07% Rental Yield

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1950 Locust Hollow Rd, Charlottesville, VA, 22903 | 5.07% Rental Yield | Ziffy

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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 1950 Locust Hollow Rd, Charlottesville, VA, 22903 earns from $4,164/mo rent with a $4,821/mo payment. Total monthly income totals $4,164/mo. ROI tracks 13.68% on current figures, and rental yield reads 5.07% at a $985,000 purchase. Equity gained on principal adds $6,356/yr, and 5% annual appreciation supports $272,137 over five years. Five-year ROI reaches 69.1% and total cumulative return in cash sums $223,930. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,164/mo property income instead of your personal income.

Single Family

Built in 1989

64.50 Acres lot

$N/A/sqft

No HOA

More details about the property

MOUNTAINTOP OASIS on 64.5 acres. Escape the ordinary & embrace sustainable living in this remarkable off-the-grid sanctuary that redefines modern country life. This thoughtfully designed 3-bedroom, 2.5 bathroom home spans 2,700+ square feet of comfortable living space, proving you don't need to sacrifice comfort for environmental consciousness. Solar panels in-place, ensuring energy independence while keeping utility bills refreshingly low. Outside, adventure awaits at every turn. A serene pond creates a picturesque focal point perfect for wildlife watching. 2 hand-built cottages offering flex space for an art studio, office, etc. Dedicated garden space, chicken coop, workshop/equipment shed with wood stove plus a 5-bay garage with mechanics pit. Beautiful hardscaping, multiple water features, rock outcroppings & gorgeous, mature hardwoods. Located just 6 miles from scenic Charlottesville, this property offers the perfect balance of rural privacy and accessibility to urban amenities. This isn't just a house; it's a lifestyle choice for those ready to embrace self-sufficient living without compromising on modern conveniences. Access via 4WD ONLY.

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