30 Spring CtCharlottesvilleVA22901
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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 30 Spring Ct, Charlottesville, VA, 22901 listed at $218,000 pairs $1,838/mo rent with a $1,067/mo payment to leave $190/mo cash flow. Total monthly income runs $1,838/mo, and annual cash flow reaches $2,278/yr on $72,267 cash to close. Return on cash invested measures 23.06% in year one, and rental yield registers 10.12% at a $218,000 basis. Equity gained on principal adds $1,407/yr, and annual property appreciation at 5% supports $60,229 by year five. Five-year ROI tracks 121.54% and total cumulative return in cash totals $87,835. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,838/mo property income relative to a $1,067/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
$345 monthly 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: PAUL McARTOR • AVENUE REALTY, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #664872