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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 2421 Barracks Pl APT 4, Charlottesville, VA, 22901 offers a 9.01% rental yield on a $229,000 purchase with $1,720/mo rent. Total monthly income registers $1,720/mo, and a $1,121/mo payment leaves $23/mo available for distribution. Annual cash flow reaches $276/yr on $75,914 to close, and return on cash invested stands at 20.27% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 106.39% and total cumulative return in cash at $80,765. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,720/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1967
N/A lot
$N/A/sqft
$318 monthly 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 |
|---|---|---|
| 2025-08-18 | Listing removed | $1,650 |
| 2025-08-14 | Price change | $1,650 |
| 2025-08-11 | Sold | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-11-02 | $1951.60 | 18.04% | $218,300 | 12.76% |
| 2024-11-02 | $1653.34 | 3.25% | $193,600 | 3.25% |
| 2023-11-02 | $1601.26 | 20.81% | $187,500 | 20.81% |
Listed by: TOM RIDLEY • LORING WOODRIFF REAL ESTATE ASSOCIATES
Mls Name: CAAR
Mls Provider:
Mls ID: #665902
