797 Park Ridge DrCrozetVA22932
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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 Crozet at 797 Park Ridge Dr, Crozet, VA, 22932 earns from $2,760/mo rent with a $2,493/mo payment. Total monthly income totals $2,760/mo. ROI tracks 17.24% on current figures, and rental yield reads 6.5% at a $509,397 purchase. Equity gained on principal adds $3,287/yr, and 5% annual appreciation supports $140,737 over five years. Five-year ROI reaches 88.49% and total cumulative return in cash sums $148,302. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,760/mo property income instead of your personal income.
Townhouse
Built in 2024
1,306 sqft lot
$N/A/sqft
$329 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22932, Crozet, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,251 (100%) |
| Owner Occupied HU | 3,578 (68.1%) |
| Renter Occupied HU | 1,139 (21.7%) |
| Vacant Housing Units | 534 (10.2%) |
| Median Home Value | $595,966 |
| Average Home Value | $658,867 |
Housing Distribution
Address Breakdown
Residential
4,868
Single Family
4,494
Multi-Family
374
Businesses
249
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Listed by: Amanda Kate Lemon • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #663028
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.