2830 Burnt Mill 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 2830 Burnt Mill Rd, Charlottesville, VA, 22911 earns $467/mo cash flow from $2,634/mo rent with a $1,774/mo payment. Total monthly income totals $2,634/mo, and annual cash flow totals $5,607/yr on $120,169 capital. ROI tracks 24.58% on current figures, and rental yield reads 8.72% at a $362,500 purchase. Equity gained on principal adds $2,339/yr, and 5% annual appreciation supports $100,152 over five years. Five-year ROI reaches 127.61% and total cumulative return in cash sums $153,350. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,634/mo property income instead of your personal income.
Single Family
Built in 1988
2 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: Sharon Rock • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #VAAB2001118