707 Wilder DrCharlottesvilleVA22901
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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 707 Wilder Dr, Charlottesville, VA, 22901 offers $2,633/mo rent that, after a $2,491/mo payment. Total monthly income is $2,633/mo. Return on cash invested measures 17.11% in year one, and rental yield stands at 6.21% at a $509,000 entry. Equity gained on principal adds $3,285/yr while 5% annual appreciation compounds into $140,627 by year five. Five-year ROI records 87.54% and total cumulative return in cash reaches $146,593. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,633/mo property income versus a $2,491/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.26 Acres lot
$N/A/sqft
No 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: MACON GUNTER • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #664313