3 Ridge RdCharlottesvilleVA22901
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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 3 Ridge Rd, Charlottesville, VA, 22901 at $1,685,000 posts ROI 6.01% with from $3,538/mo rent. Total monthly income equals $3,538/mo. Return on cash invested measures 6.01% and rental yield reads 2.52% at the current $1,685,000. Equity gained on principal adds $10,873/yr, and 5% annual appreciation supports $465,534 by year five. Five-year ROI prints 27.91% and total cumulative return in cash totals $152,378. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,538/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
4.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22901, Charlottesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 8,917 (52.7%) |
| Renter Occupied HU | 6,745 (39.9%) |
| Vacant Housing Units | 1,244 ( 7.4%) |
| Median Home Value | $546,217 |
| Average Home Value | $630,845 |
Housing Distribution
Address Breakdown
Residential
16,845
Single Family
13,820
Multi-Family
3,025
Businesses
1,227
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Listed by: Tom Ridley • LORING WOODRIFF REAL ESTATE ASSOCIATES
Mls Name: CAAR
Mls Provider:
Mls ID: #661940
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.