








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 765 Denali Way APT 204, Charlottesville, VA, 22903 generates $1,736/mo in rent and, after a $1,028/mo payment, leaves $103/mo in cash flow. Total monthly income is $1,736/mo, and annual cash flow is $1,230/yr on $69,615 invested. Return on cash invested sits at 21.68% in year one, and rental yield is 9.92% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 114.45% and total cumulative return in cash sums $79,672. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,736/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$378 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 |
|---|---|---|
| 2025-07-18 | Sold | $210,000 |
| 2025-06-22 | Pending sale | $210,000 |
| 2025-06-19 | Listed for sale | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $1632.84 | 16.30% | $191,200 | 16.30% |
| 2023-10-31 | $1403.98 | 9.02% | $164,400 | 9.02% |
| 2022-10-31 | $1287.84 | 1.82% | $150,800 | 1.82% |



Listed by: LORI MEISTRELL • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #665862