








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 1694 Banyan Ct, Charlottesville, VA, 22911 offers a 6.97% rental yield on a $539,900 purchase with $3,134/mo rent. 7% in year one. Equity gained on principal adds $3,484/yr while 5% annual appreciation supports $149,164 over five years. Portfolio math shows five-year ROI at 96.31% and total cumulative return in cash at $171,079. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,134/mo property income against a $2,643/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
0.36 Acres lot
$N/A/sqft
$324 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 |
|---|---|---|
| 2024-10-08 | Listed for sale | $539,900 |
| 2019-05-14 | Listing removed | $1,950 |
| 2019-03-28 | Listed for rent | $1,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-11 | $3611.56 | 2.85% | $422,900 | 2.85% |
| 2023-11-11 | $3511.64 | 17.05% | $411,200 | 17.05% |
| 2022-11-11 | $3000.10 | 5.24% | $351,300 | 5.24% |



Listed by: Glenda Howard • BILL HOWARD & ASSOCIATES REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #657620
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.