








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 800 Runnel Ct UNIT 3, Charlottesville, VA, 22901 generates $1,885/mo in rent and, after a $978/mo payment, leaves $690/mo in cash flow. Total monthly income is $1,885/mo, and annual cash flow is $8,285/yr on $66,267 invested. Return on cash invested sits at 32.41% in year one, and rental yield is 11.32% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 169.64% and total cumulative return in cash sums $112,417. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,885/mo property income rather than buyer’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22901, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 8,917 (52.7%) |
| Renter Occupied HU | 6,745 (39.9%) |
| Vacant Housing Units | 1,244 ( 7.4%) |
| Median Home Value | $546,217 |
| Average Home Value | $630,845 |
Residential
16,845
Single Family
13,820
Multi-Family
3,025
Businesses
1,227
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: JEFFREY BLOXSOM • BLUESKY PM, LLC
Mls Name: CAAR
Mls ID: #668465