Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 306 Gloucester Rd, Charlottesville, VA, 22901 uses $197,071 cash to close to unlock $6,793/yr annual cash flow and $566/mo monthly cash flow. Total monthly income runs $4,147/mo, and a $2,932/mo payment keeps the spread at $566/mo. Purchase price stands at $599,000, and rental yield measures 8.31% with $4,147/mo rent. Return on cash invested shows 23.51% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 121.84% and total cumulative return in cash records $240,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,147/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1966
1.09 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-09-13 | Price change | $599,000 |
| 2024-08-22 | Listed for sale | $620,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-16 | $4582.56 | 11.05% | $536,600 | 11.05% |
| 2022-10-16 | $4126.52 | 14.61% | $483,200 | 14.61% |
| 2021-10-16 | $3600.46 | 3.54% | $421,600 | 3.54% |
Listed by: Peter Cathcart • STEVENS & COMPANY-CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #656117
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.
