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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Charlottesville at 1234 Laconia Ln, Charlottesville, VA, 22911 listed at $630,487 pairs $3,592/mo rent with a $3,086/mo payment. Total monthly income runs $3,592/mo. Return on cash invested measures 18.36% in year one, and rental yield registers 6.84% at a $630,487 basis. Equity gained on principal adds $4,068/yr, and annual property appreciation at 5% supports $174,192 by year five. Five-year ROI tracks 94.49% and total cumulative return in cash totals $196,003. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,592/mo property income relative to a $3,086/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2024
2,613 sqft lot
$N/A/sqft
$350 quarterly HOA
Neighborhood data shown for ZIP Code: 22911, Charlottesville, VA area.
| 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 |
Residential
9,534
Single Family
7,230
Multi-Family
2,304
Businesses
736
Date | Event | Price |
|---|---|---|
| 2024-11-11 | Listed for sale | $630,487 |
| 2024-07-30 | Listing removed | $630,487 |
| 2024-04-25 | Listed for sale | $630,487 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amanda Kate Lemon • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #658658
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.
