Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1638 Mulberry Ave, Charlottesville, VA, 22903 uses $124,313 cash to close to unlock $405/yr annual cash flow and $34/mo monthly cash flow. Total monthly income runs $2,275/mo, and a $1,835/mo payment keeps the spread at $34/mo. Purchase price stands at $375,000, and rental yield measures 7.28% with $2,275/mo rent. Return on cash invested shows 20.23% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 104.31% and total cumulative return in cash records $129,675. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,275/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1952
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22903, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,943 (100%) |
| Owner Occupied HU | 7,004 (37.0%) |
| Renter Occupied HU | 10,256 (54.1%) |
| Vacant Housing Units | 1,683 ( 8.9%) |
| Median Home Value | $603,432 |
| Average Home Value | $711,730 |
Residential
18,660
Single Family
13,524
Multi-Family
5,136
Businesses
1,241
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $375,000 |
| 2021-07-20 | Sold | $315,000 |
| 2021-06-24 | Pending sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-10 | $1627.68 | 10.10% | $339,100 | 10.10% |
| 2022-04-10 | $1478.40 | -14.77% | $308,000 | 68.67% |
| 2021-04-10 | $1734.70 | N/A | $182,600 | 5.00% |
Listed by: Erin Hall • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #662816
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.
