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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 720 Walker Sq APT 3D, Charlottesville, VA, 22903 at $324,500 posts ROI 17.13% with from $1,893/mo rent. Total monthly income equals $1,893/mo. Return on cash invested measures 17.13% and rental yield reads 7% at the current $324,500. Equity gained on principal adds $2,094/yr, and 5% annual appreciation supports $89,653 by year five. Five-year ROI prints 88.47% and total cumulative return in cash totals $95,172. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,893/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2004
N/A lot
$N/A/sqft
$184 monthly 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $324,500 |
| 2024-06-20 | Listing removed | N/A |
| 2024-06-12 | Listed for rent | $1,650 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-21 | $2821.04 | 8.83% | $285,300 | 6.69% |
| 2023-04-21 | $2592.14 | 133.58% | $267,400 | 15.66% |
| 2022-04-21 | $1109.76 | -49.47% | $231,200 | N/A |
Listed by: Jeff Gaffney • REAL ESTATE III, INC.
Mls Name: CAAR
Mls Provider:
Mls ID: #663424
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.
