607 Bleeker StCharlottesvilleVA22903
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 607 Bleeker St, Charlottesville, VA, 22903 generates $3,969/mo in rent, after a $5,359/mo payment. Total monthly income is $3,969/mo. Return on cash invested sits at 11.38% in year one, and rental yield is 4.35% on a $1,095,000 entry. Equity gained on principal adds $7,066/yr, while 5% annual appreciation builds toward $302,528 over five years. Five-year ROI reaches 56.84% and total cumulative return in cash sums $201,646. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,969/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
0.53 Acres lot
$N/A/sqft
$245 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Ramey Team • LONG & FOSTER - CHARLOTTESVILLE WEST
Mls Name: CAAR
Mls Provider:
Mls ID: #657431
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.