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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 1615 Cool Spring Rd, Charlottesville, VA, 22901 earns $845/mo cash flow from $2,785/mo rent with a $1,588/mo payment. Total monthly income totals $2,785/mo, and annual cash flow totals $10,146/yr on $107,572 capital. ROI tracks 29.34% on current figures, and rental yield reads 10.3% at a $324,500 purchase. Equity gained on principal adds $2,094/yr, and 5% annual appreciation supports $89,653 over five years. Five-year ROI reaches 153.15% and total cumulative return in cash sums $164,748. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,785/mo property income instead of your personal income.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22901, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 8,917 (52.7%) |
| Renter Occupied HU | 6,745 (39.9%) |
| Vacant Housing Units | 1,244 ( 7.4%) |
| Median Home Value | $546,217 |
| Average Home Value | $630,845 |
Residential
16,845
Single Family
13,820
Multi-Family
3,025
Businesses
1,227
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: CRAIG SPICER • KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Mls Name: CAAR
Mls ID: #671665
