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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 2280 Garth Rd, Charlottesville, VA, 22901 offers a 3.57% rental yield on a $1,500,000 purchase with $4,463/mo rent. 24% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,422 over five years. Portfolio math shows five-year ROI at 45.25% and total cumulative return in cash at $219,923. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,463/mo property income against a $7,342/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
2.85 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22901, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 8,917 (52.7%) |
| Renter Occupied HU | 6,745 (39.9%) |
| Vacant Housing Units | 1,244 ( 7.4%) |
| Median Home Value | $546,217 |
| Average Home Value | $630,845 |
Residential
16,845
Single Family
13,820
Multi-Family
3,025
Businesses
1,227
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $1,500,000 |
| 2020-01-28 | Sold | $985,000 |
| 2009-02-17 | Sold | $1,100,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $12049.08 | 7.02% | $1,410,900 | 7.02% |
| 2023-04-08 | $11258.28 | 21.26% | $1,318,300 | 21.26% |
| 2022-04-08 | $9284.68 | 8.69% | $1,087,200 | 8.69% |
What's Special
Walk-up
Listed by: Sally Du Bose • SALLY DU BOSE REAL ESTATE PARTNERS
Mls Name: CAAR
Mls Provider:
Mls ID: #662786
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.
