3575 Morgantown RdCharlottesvilleVA22903
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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 3575 Morgantown Rd, Charlottesville, VA, 22903 earns from $4,016/mo rent with a $3,377/mo payment. Total monthly income totals $4,016/mo. ROI tracks 19.49% on current figures, and rental yield reads 6.98% at a $690,000 purchase. Equity gained on principal adds $4,452/yr, and 5% annual appreciation supports $190,634 over five years. Five-year ROI reaches 100.27% and total cumulative return in cash sums $227,624. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,016/mo property income instead of your personal income.
Single Family
Built in 1979
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22903, Charlottesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,943 (100%) |
| Owner Occupied HU | 7,004 (37.0%) |
| Renter Occupied HU | 10,256 (54.1%) |
| Vacant Housing Units | 1,683 ( 8.9%) |
| Median Home Value | $603,432 |
| Average Home Value | $711,730 |
Housing Distribution
Address Breakdown
Residential
18,660
Single Family
13,524
Multi-Family
5,136
Businesses
1,241
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Listed by: ROBERT R BAILEY • MONTAGUE, MILLER & CO. - WESTFIELD
Mls Name: CAAR
Mls ID: #668062