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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 713 Nalle St, Charlottesville, VA, 22903 offers $4,197/mo rent that, after a $4,381/mo payment. Total monthly income is $4,197/mo. Return on cash invested measures 15.1% in year one, and rental yield stands at 5.63% at a $895,000 entry. Equity gained on principal adds $5,775/yr while 5% annual appreciation compounds into $247,272 by year five. Five-year ROI records 76.85% and total cumulative return in cash reaches $226,286. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,197/mo property income versus a $4,381/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
5,227 sqft 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 |
|---|---|---|
| 2025-04-22 | Listed for sale | $895,000 |
| 2021-04-12 | Sold | $700,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $7915.54 | 7.08% | $803,300 | 4.94% |
| 2023-04-23 | $7392.00 | 128.45% | $765,500 | 13.56% |
| 2022-04-23 | $3235.68 | -9.73% | $674,100 | 78.66% |
Listed by: Macon Gunter • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #663471
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.
