2054 Meyers WayCrozetVA22932
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 Crozet at 2054 Meyers Way, Crozet, VA, 22932 priced at $472,373 converts $2,760/mo rent into after a $2,312/mo obligation. Total monthly income equals $2,760/mo. Return on cash invested prints 18.54% in year one, and rental yield reads 7.01% against a $472,373 entry. Equity gained on principal adds $3,048/yr, while 5% annual appreciation compiles into $130,508 by year five. Five-year ROI reaches 95.52% and total cumulative return in cash sums $149,578. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,760/mo property income covering a $2,312/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
1,306 sqft lot
$N/A/sqft
$346 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22932, Crozet, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,251 (100%) |
| Owner Occupied HU | 3,578 (68.1%) |
| Renter Occupied HU | 1,139 (21.7%) |
| Vacant Housing Units | 534 (10.2%) |
| Median Home Value | $595,966 |
| Average Home Value | $658,867 |
Housing Distribution
Address Breakdown
Residential
4,868
Single Family
4,494
Multi-Family
374
Businesses
249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Sylves • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #658047
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.