99 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
Investment property for sale in Charlottesville at 99 Laconia Ln, Charlottesville, VA, 22911 with 5% annual appreciation on a $672,450 basis while $2,730/mo rent supports operations. 43% in year one. Equity gained on principal adds $4,339/yr, and five-year appreciation sums $185,786 alongside rental yield of 4.87%. Five-year ROI measures 62.67% and total cumulative return in cash totals $138,642. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,730/mo property income versus a $3,291/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
3,484 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: AMANDA KATE LEMON • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #669110