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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 1762 Flora Ln, Charlottesville, VA, 22911 listed at $559,900 pairs $3,366/mo rent with a $2,740/mo payment to leave $19/mo cash flow. Total monthly income runs $3,366/mo, and annual cash flow reaches $233/yr on $184,207 cash to close. Return on cash invested measures 20.19% in year one, and rental yield registers 7.21% at a $559,900 basis. Equity gained on principal adds $3,613/yr, and annual property appreciation at 5% supports $154,690 by year five. Five-year ROI tracks 104.03% and total cumulative return in cash totals $191,638. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,366/mo property income relative to a $2,740/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2023
3,049 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-09-16 | Price change | $559,900 |
| 2024-09-05 | Price change | $570,000 |
| 2023-06-20 | Pending sale | $517,715 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $768.60 | N/A | $90,000 | N/A |
| 2022-10-16 | N/A | N/A | N/A | N/A |
Listed by: Sasha Tripp • STORY HOUSE REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #656451
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.
