838 Rock Creek RdCharlottesvilleVA22903
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
Total monthly income runs $3,271/mo, and a $2,883/mo payment. Purchase price stands at $589,000, and rental yield measures 6.66% with $3,271/mo rent. Return on cash invested shows 17.67% in year one, and 5% annual appreciation builds toward $162,730 over five years. Five-year ROI reaches 90.82% and total cumulative return in cash records $175,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,271/mo property income covering a $2,883/mo payment rather than investor’s personal income.
Condo
Built in 2010
N/A lot
$N/A/sqft
$410 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: Ashley Balazs • MONTAGUE, MILLER & CO. - WESTFIELD
Mls Name: CAAR
Mls Provider:
Mls ID: #662340
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.