2121 Garth RdCharlottesvilleVA22901
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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
Total monthly income runs $6,368/mo, and a $9,177/mo payment. Purchase price stands at $1,875,000, and rental yield measures 4.08% with $6,368/mo rent. Return on cash invested shows 10.81% in year one, and 5% annual appreciation builds toward $518,028 over five years. Five-year ROI reaches 53.66% and total cumulative return in cash records $325,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,368/mo property income covering a $9,177/mo payment rather than investor’s personal income.
Single Family
Built in 1999
7.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22901, Charlottesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 8,917 (52.7%) |
| Renter Occupied HU | 6,745 (39.9%) |
| Vacant Housing Units | 1,244 ( 7.4%) |
| Median Home Value | $546,217 |
| Average Home Value | $630,845 |
Housing Distribution
Address Breakdown
Residential
16,845
Single Family
13,820
Multi-Family
3,025
Businesses
1,227
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Listed by: JIM FAULCONER • MCLEAN FAULCONER INC., REALTOR
Mls Name: CAAR
Mls ID: #664135