








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 2707 Gatewood Cir, Charlottesville, VA, 22911 priced at $179,900 converts $1,546/mo rent into $317/mo cash flow after a $881/mo obligation. Total monthly income equals $1,546/mo, and annual cash flow totals $3,805/yr on $59,637 invested. Return on cash invested prints 26.29% in year one, and rental yield reads 10.31% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 137.97% and total cumulative return in cash sums $82,281. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,546/mo property income covering a $881/mo payment, not borrower’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$153 monthly HOA
Neighborhood data shown for ZIP Code: 22911, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,736 (100%) |
| Owner Occupied HU | 5,692 (58.5%) |
| Renter Occupied HU | 3,407 (35.0%) |
| Vacant Housing Units | 637 ( 6.5%) |
| Median Home Value | $474,189 |
| Average Home Value | $527,718 |
Residential
9,534
Single Family
7,230
Multi-Family
2,304
Businesses
736
Date | Event | Price |
|---|---|---|
| 2025-04-27 | Listed for sale | $179,900 |
| 2006-08-14 | Sold | $132,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $1359.56 | 7.93% | $159,200 | 7.93% |
| 2023-04-29 | $1259.66 | 9.50% | $147,500 | 9.50% |
| 2022-04-29 | $1150.34 | 2.75% | $134,700 | 2.75% |



What's Special
Walk-up
Listed by: Garwin Deberry • BLUESKY PM, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #663786
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.