402 Altamont CirCharlottesvilleVA22902
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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 402 Altamont Cir, Charlottesville, VA, 22902 with 5% annual appreciation on a $1,049,000 basis while $4,642/mo rent supports operations. 62% in year one. Equity gained on principal adds $6,769/yr, and five-year appreciation sums $289,819 alongside rental yield of 5.31%. Five-year ROI measures 74.1% and total cumulative return in cash totals $251,860. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,642/mo property income versus a $5,134/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22902, Charlottesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,851 (100%) |
| Owner Occupied HU | 5,576 (51.4%) |
| Renter Occupied HU | 4,480 (41.3%) |
| Vacant Housing Units | 795 ( 7.3%) |
| Median Home Value | $451,661 |
| Average Home Value | $580,194 |
Housing Distribution
Address Breakdown
Residential
11,194
Single Family
9,644
Multi-Family
1,550
Businesses
1,901
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Listed by: Mary Leavell • PRESIDENTIAL REALTY OF VIRGINIA
Mls Name: CAAR
Mls Provider:
Mls ID: #656658
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.