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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 828 Wesley Ln #A, Charlottesville, VA, 22911 generates $2,905/mo in rent, after a $2,442/mo payment. Total monthly income is $2,905/mo. Return on cash invested sits at 19.35% in year one, and rental yield is 6.99% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 99.56% and total cumulative return in cash sums $164,694. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,905/mo property income rather than buyer’s personal income.
Condo
Built in 2022
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22911, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,736 (100%) |
| Owner Occupied HU | 5,692 (58.5%) |
| Renter Occupied HU | 3,407 (35.0%) |
| Vacant Housing Units | 637 ( 6.5%) |
| Median Home Value | $474,189 |
| Average Home Value | $527,718 |
Residential
9,534
Single Family
7,230
Multi-Family
2,304
Businesses
736
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: JEFF GAFFNEY • REAL ESTATE III, INC.
Mls Name: CAAR
Mls ID: #669709
