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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 2413 Renewal Rd, Charlottesville, VA, 22902 priced at $468,500 pairs $3,006/mo rent with $140/mo cash flow after a $2,293/mo payment. Total monthly income equals $3,006/mo, and annual cash flow comes to $1,686/yr on $155,308 invested. Return on cash invested is 20.99% in year one, and rental yield stands at 7.7% on a $468,500 basis. Equity gained on principal adds $3,023/yr, and 5% annual appreciation accumulates to $129,438 by year five. Five-year ROI measures 108.57% and total cumulative return in cash reaches $168,618. For financing, Ziffy Mortgage’s DSCR program evaluates $3,006/mo property income against a $2,293/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2023
871.20 sqft lot
$N/A/sqft
$65 monthly 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 |
|---|---|---|
| 2025-04-09 | Listed for sale | $468,500 |
| 2024-01-17 | Sold | $453,317 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $3638.04 | N/A | $426,000 | 313.59% |
| 2023-04-10 | N/A | N/A | $103,000 | N/A |
Listed by: Denise Voltz • LONG & FOSTER - CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #662962
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.
