775 Walker Sq APT 4BCharlottesvilleVA22903
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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 775 Walker Sq APT 4B, Charlottesville, VA, 22903 offers a 8.28% rental yield on a $415,000 purchase with $2,863/mo rent. Total monthly income registers $2,863/mo, and a $2,031/mo payment leaves $382/mo available for distribution. Annual cash flow reaches $4,589/yr on $137,573 to close, and return on cash invested stands at 23.24% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 120.46% and total cumulative return in cash at $165,717. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,863/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2004
N/A 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: SHANNON HARRINGTON • BLUE RIDGE FINE PROPERTIES BY SHANNON HARRINGTON
Mls Name: CAAR
Mls ID: #671973