2153 Saranac CtCharlottesvilleVA22911
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderA DSCR of 1.67 makes 2153 Saranac Ct, Charlottesville, VA, 22911 in Charlottesville one of the easier properties to finance via Ziffy Mortgage's rental-income underwriting. Rental yield 7.36%. The 7.36% yield, 5% annual appreciation ($118,525 over five years), and $3,951/yr in principal reduction project a total cumulative return of $196,516.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.4% | 5.2% |
| Monthly Cash Flow | $(1) | $1,250 |
City averages based on Charlottesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,220 |
| Total Monthly Debt Service | $2,527 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2009
3,920 sqft lot
$N/A/sqft
$248 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22911, Charlottesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,736 (100%) |
| Owner Occupied HU | 5,692 (58.5%) |
| Renter Occupied HU | 3,407 (35.0%) |
| Vacant Housing Units | 637 ( 6.5%) |
| Median Home Value | $474,189 |
| Average Home Value | $527,718 |
Housing Distribution
Address Breakdown
Residential
9,534
Single Family
7,230
Multi-Family
2,304
Businesses
736
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
Townhouse
Built in 2009
3,920 sqft lot
$N/A/sqft
$248 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22911, Charlottesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,736 (100%) |
| Owner Occupied HU | 5,692 (58.5%) |
| Renter Occupied HU | 3,407 (35.0%) |
| Vacant Housing Units | 637 ( 6.5%) |
| Median Home Value | $474,189 |
| Average Home Value | $527,718 |
Housing Distribution
Address Breakdown
Residential
9,534
Single Family
7,230
Multi-Family
2,304
Businesses
736
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PATRICK WILSON • MONTICELLO COUNTRY REAL ESTATE, INC.
Mls Name: CAAR
Mls Provider:
Mls ID: #664025