2309 Hartland CtCharlottesvilleVA22911
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 Charlottesville at 2309 Hartland Ct, Charlottesville, VA, 22911 priced at $1,175,000 converts $4,862/mo rent into after a $5,751/mo obligation. Total monthly income equals $4,862/mo. Return on cash invested prints 13.56% in year one, and rental yield reads 4.97% against a $1,175,000 entry. Equity gained on principal adds $7,582/yr, while 5% annual appreciation compiles into $324,631 by year five. Five-year ROI reaches 68.4% and total cumulative return in cash sums $260,386. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,862/mo property income covering a $5,751/mo payment, not borrower’s personal income.
Single Family
Built in 2001
2.02 Acres 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: KATELYN MANCINI • HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #663905