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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 2621 Jefferson Park Cir, Charlottesville, VA, 22903 offers $3,279/mo rent that, after a $3,989/mo payment. Total monthly income is $3,279/mo. Return on cash invested measures 12.93% in year one, and rental yield stands at 4.83% at a $815,000 entry. Equity gained on principal adds $5,259/yr while 5% annual appreciation compounds into $225,169 by year five. Five-year ROI records 65.13% and total cumulative return in cash reaches $174,625. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,279/mo property income versus a $3,989/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22903, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,943 (100%) |
| Owner Occupied HU | 7,004 (37.0%) |
| Renter Occupied HU | 10,256 (54.1%) |
| Vacant Housing Units | 1,683 ( 8.9%) |
| Median Home Value | $603,432 |
| Average Home Value | $711,730 |
Residential
18,660
Single Family
13,524
Multi-Family
5,136
Businesses
1,241
Date | Event | Price |
|---|---|---|
| 2025-04-17 | Price change | $815,000 |
| 2025-04-06 | Listing removed | $5,000 |
| 2025-03-29 | Listed for rent | $5,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $6442.68 | 9.34% | $648,600 | 7.24% |
| 2023-04-18 | $5892.48 | 169.21% | $604,800 | 32.63% |
| 2022-04-18 | $2188.80 | -42.20% | $456,000 | 14.40% |
Listed by: Loring Woodriff • LORING WOODRIFF REAL ESTATE ASSOCIATES
Mls Name: CAAR
Mls Provider:
Mls ID: #663320
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.
