LOT 8 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
Rental property for sale in Charlottesville at LOT 8 Oldfield Dr, Charlottesville, VA, 22902 priced at $313,090 pairs $2,580/mo rent with $709/mo cash flow after a $1,532/mo payment. Total monthly income equals $2,580/mo, and annual cash flow comes to $8,506/yr on $103,789 invested. Return on cash invested is 28.1% in year one, and rental yield stands at 9.89% on a $313,090 basis. Equity gained on principal adds $2,020/yr, and 5% annual appreciation accumulates to $86,501 by year five. Five-year ROI measures 146.51% and total cumulative return in cash reaches $152,058. For financing, Ziffy Mortgage’s DSCR program evaluates $2,580/mo property income against a $1,532/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
1,742 sqft lot
$N/A/sqft
No 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 ID: #668371