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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 2620 Avinity Pl, Charlottesville, VA, 22902 generates $2,695/mo in rent, after a $2,374/mo payment. Total monthly income is $2,695/mo. Return on cash invested sits at 17.45% in year one, and rental yield is 6.67% on a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 89.72% and total cumulative return in cash sums $144,254. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,695/mo property income rather than buyer’s personal income.
Townhouse
Built in 2018
2,178 sqft lot
$N/A/sqft
$125 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 |
|---|---|---|
| 2025-04-10 | Listed for sale | $485,000 |
| 2023-02-07 | Listing removed | N/A |
| 2023-02-02 | Listed for rent | $2,395 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | $3663.66 | 1.49% | $429,000 | 1.49% |
| 2023-04-11 | $3609.86 | 17.68% | $422,700 | 17.68% |
| 2022-04-11 | $3067.56 | 5.49% | $359,200 | 5.49% |
Listed by: Paul Mcartor • AVENUE REALTY, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #662928
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.
