921 Bing LnCharlottesvilleVA22903
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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 921 Bing Ln, Charlottesville, VA, 22903 earns $304/mo cash flow from $3,266/mo rent with a $2,359/mo payment. Total monthly income totals $3,266/mo, and annual cash flow totals $3,642/yr on $159,783 capital. ROI tracks 22.19% on current figures, and rental yield reads 8.13% at a $482,000 purchase. Equity gained on principal adds $3,110/yr, and 5% annual appreciation supports $133,168 over five years. Five-year ROI reaches 115.02% and total cumulative return in cash sums $183,776. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,266/mo property income instead of your personal income.
Townhouse
Built in 2008
2,178 sqft lot
$N/A/sqft
$730 annually 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: LISA K CAMPBELL • YES REALTY PARTNERS
Mls Name: CAAR
Mls Provider:
Mls ID: #666804