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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 1855 Candlewood Ct UNIT 204, Charlottesville, VA, 22903 uses $97,759 cash to close to unlock $2,935/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $2,228/mo, and a $1,443/mo payment keeps the spread at $245/mo. Purchase price stands at $294,900, and rental yield measures 9.07% with $2,228/mo rent. Return on cash invested shows 22.91% in year one, and 5% annual appreciation builds toward $81,475 over five years. Five-year ROI reaches 119.66% and total cumulative return in cash records $116,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,228/mo property income covering a $1,443/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$219 monthly 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 |
|---|---|---|
| 2024-11-03 | Price change | $294,900 |
| 2024-09-19 | Price change | $299,900 |
| 2024-08-29 | Listed for sale | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-11 | $2382.66 | 15.34% | $279,000 | 15.34% |
| 2023-11-11 | $2065.82 | 2.33% | $241,900 | 2.33% |
| 2022-11-11 | $2018.86 | 13.11% | $236,400 | 13.11% |
Listed by: Seth Batton • FIND HOMES REALTY LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #656033
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.
