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% |
Rental property for sale in Charlottesville at 1719 Shady Grove Ct, Charlottesville, VA, 22902 priced at $490,000 pairs $3,104/mo rent with $163/mo cash flow after a $2,398/mo payment. Total monthly income equals $3,104/mo, and annual cash flow comes to $1,952/yr on $162,435 invested. Return on cash invested is 21.11% in year one, and rental yield stands at 7.6% on a $490,000 basis. Equity gained on principal adds $3,162/yr, and 5% annual appreciation accumulates to $135,378 by year five. Five-year ROI measures 109.04% and total cumulative return in cash reaches $177,120. For financing, Ziffy Mortgage’s DSCR program evaluates $3,104/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1991
0.35 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood data shown for ZIP Code: 22902, Charlottesville, VA area.
| 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 |
Residential
11,194
Single Family
9,644
Multi-Family
1,550
Businesses
1,901
Date | Event | Price |
|---|---|---|
| 2024-10-26 | Price change | $490,000 |
| 2024-10-06 | Price change | $495,000 |
| 2024-09-03 | Listed for sale | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-11 | $3446.74 | 3.04% | $403,600 | 3.04% |
| 2023-11-11 | $3345.12 | 12.17% | $391,700 | 12.17% |
| 2022-11-11 | $2982.16 | 6.79% | $349,200 | 6.79% |
Listed by: Deborah A. Rutter • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #656472
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.
