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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% |
Investment property for sale in Charlottesville at 53 Horse Path Dr, Charlottesville, VA, 22902 uses $124,313 cash to close to unlock $7,725/yr annual cash flow and $644/mo monthly cash flow. Total monthly income runs $2,940/mo, and a $1,835/mo payment keeps the spread at $644/mo. Purchase price stands at $375,000, and rental yield measures 9.41% with $2,940/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 136.08% and total cumulative return in cash records $169,167. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,940/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 2024
6,969 sqft lot
$N/A/sqft
$55 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 |
|---|---|---|
| 2025-05-22 | Listed for sale | $375,000 |
| 2025-05-20 | Listing removed | N/A |
| 2025-05-07 | Listed for sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: NICK HARLOWE • OPENING DOORS REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #664856
