91 Laconia LnCharlottesvilleVA22911
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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
Rental property for sale in Charlottesville at 91 Laconia Ln, Charlottesville, VA, 22911 priced at $496,621 converts $2,730/mo rent into after a $2,431/mo obligation. Total monthly income equals $2,730/mo. Return on cash invested prints 17.32% in year one, and rental yield reads 6.6% against a $496,621 entry. Equity gained on principal adds $3,205/yr, while 5% annual appreciation compiles into $137,207 by year five. Five-year ROI reaches 88.99% and total cumulative return in cash sums $146,499. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,730/mo property income covering a $2,431/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
2,613 sqft lot
$N/A/sqft
$350 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22911, Charlottesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,736 (100%) |
| Owner Occupied HU | 5,692 (58.5%) |
| Renter Occupied HU | 3,407 (35.0%) |
| Vacant Housing Units | 637 ( 6.5%) |
| Median Home Value | $474,189 |
| Average Home Value | $527,718 |
Housing Distribution
Address Breakdown
Residential
9,534
Single Family
7,230
Multi-Family
2,304
Businesses
736
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Listed by: Christopher Sylves • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #657996
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.