815 Prospect AveCharlottesvilleVA22903
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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 815 Prospect Ave, Charlottesville, VA, 22903 earns $449/mo cash flow from $2,069/mo rent with a $1,322/mo payment. Total monthly income totals $2,069/mo, and annual cash flow totals $5,389/yr on $89,505 capital. ROI tracks 25.93% on current figures, and rental yield reads 9.2% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 134.92% and total cumulative return in cash sums $120,757. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,069/mo property income instead of your personal income.
Townhouse
Built in 1976
3,484 sqft 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: CYNTHIA HASH • FIND HOMES REALTY LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #667279