5626 McKinley LnCharlottesvilleVA22903
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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
Rental property for sale in Charlottesville at 5626 McKinley Ln, Charlottesville, VA, 22903 generates $4,366/mo in rent, after a $5,731/mo payment. Total monthly income is $4,366/mo. Return on cash invested sits at 11.81% in year one, and rental yield is 4.47% on a $1,171,000 entry. Equity gained on principal adds $7,556/yr, while 5% annual appreciation builds toward $323,526 over five years. Five-year ROI reaches 59.11% and total cumulative return in cash sums $224,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,366/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.46 Acres lot
$N/A/sqft
$218 quarterly 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: CONOR MURRAY • FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY
Mls Name: CAAR
Mls Provider:
Mls ID: #668958