843 Rainier RdCharlottesvilleVA22903
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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 843 Rainier Rd, Charlottesville, VA, 22903 listed at $494,950 pairs $3,053/mo rent with a $2,423/mo payment to leave $94/mo cash flow. Total monthly income runs $3,053/mo, and annual cash flow reaches $1,126/yr on $164,076 cash to close. Return on cash invested measures 20.6% in year one, and rental yield registers 7.4% at a $494,950 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,746 by year five. Five-year ROI tracks 106.24% and total cumulative return in cash totals $174,306. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,053/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
5,662 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: Katherine Leddington • MCLEAN FAULCONER INC., REALTOR
Mls Name: CAAR
Mls Provider:
Mls ID: #655503
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.