LOT 17 Oldfield DrCharlottesvilleVA22902
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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 LOT 17 Oldfield Dr, Charlottesville, VA, 22902 uses $105,860 cash to close to unlock $6,913/yr annual cash flow and $576/mo monthly cash flow. Total monthly income runs $2,580/mo, and a $1,563/mo payment keeps the spread at $576/mo. Purchase price stands at $319,335, and rental yield measures 9.7% with $2,580/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $88,226 over five years. Five-year ROI reaches 138.01% and total cumulative return in cash records $146,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,580/mo property income covering a $1,563/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
1,742 sqft lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22902, Charlottesville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,851 (100%) |
| Owner Occupied HU | 5,576 (51.4%) |
| Renter Occupied HU | 4,480 (41.3%) |
| Vacant Housing Units | 795 ( 7.3%) |
| Median Home Value | $451,661 |
| Average Home Value | $580,194 |
Housing Distribution
Address Breakdown
Residential
11,194
Single Family
9,644
Multi-Family
1,550
Businesses
1,901
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Listed by: BRIANNE MRAZ • SM BROKERAGE, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #666573