308 Patriot Way,Charlottesville,VA,22903

Investment Highlights

Investment property for sale in Charlottesville at 308 Patriot Way, Charlottesville, VA, 22903 listed at $421,000 pairs $2,840/mo rent with a $2,061/mo payment to leave $226/mo cash flow. Total monthly income runs $2,840/mo, and annual cash flow reaches $2,710/yr on $139,562 cash to close. Return on cash invested measures 21.85% in year one, and rental yield registers 8.1% at a $421,000 basis. Equity gained on principal adds $2,717/yr, and annual property appreciation at 5% supports $116,315 by year five. Five-year ROI tracks 113.27% and total cumulative return in cash totals $158,085. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,840/mo property income relative to a $2,061/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).