2370 Proffit RdCharlottesvilleVA22911
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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 2370 Proffit Rd, Charlottesville, VA, 22911 earns $1,783/mo cash flow from $2,866/mo rent with a $857/mo payment. Total monthly income totals $2,866/mo, and annual cash flow totals $21,390/yr on $58,013 capital. ROI tracks 56.78% on current figures, and rental yield reads 19.65% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 300.61% and total cumulative return in cash sums $174,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,866/mo property income instead of your personal income.
Single Family
Built in 1800
0.60 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: BRENTNEY KOZUCH • STORY HOUSE REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #667824