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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% |
Rental property for sale in Charlottesville at 2315 Avinity Ct, Charlottesville, VA, 22902 offers $3,257/mo rent that, after a $2,423/mo payment, leaves $181/mo cash flow. Total monthly income is $3,257/mo, and annual cash flow is $2,173/yr on $164,093 cash. Return on cash invested measures 21.23% in year one, and rental yield stands at 7.9% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 109.99% and total cumulative return in cash reaches $180,490. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,257/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2014
4,356 sqft lot
$N/A/sqft
$350 quarterly 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 |
|---|---|---|
| 2025-03-27 | Listed for sale | $495,000 |
| 2023-12-11 | Listing removed | N/A |
| 2023-11-28 | Price change | $2,599 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $3779.80 | 0.45% | $442,600 | 0.45% |
| 2023-03-28 | $3762.72 | 16.87% | $440,600 | 16.87% |
| 2022-03-28 | $3219.58 | 7.13% | $377,000 | 7.13% |
Listed by: Steven Braden • BRADEN PROPERTY MANAGEMENT
Mls Name: CAAR
Mls Provider:
Mls ID: #662421
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.
