2161 Saranac CtCharlottesvilleVA22911
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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
Investment property for sale in Charlottesville at 2161 Saranac Ct, Charlottesville, VA, 22911 listed at $449,000 pairs $2,936/mo rent with a $2,198/mo payment to leave $252/mo cash flow. Total monthly income runs $2,936/mo, and annual cash flow reaches $3,019/yr on $148,844 cash to close. Return on cash invested measures 21.94% in year one, and rental yield registers 7.85% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 113.45% and total cumulative return in cash totals $168,856. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,936/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2009
2,613 sqft lot
$N/A/sqft
No 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
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Listed by: REBECCA WHITE • LORING WOODRIFF REAL ESTATE ASSOCIATES
Mls Name: CAAR
Mls ID: #669088