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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 85 Horse Path Dr, Charlottesville, VA, 22902 offers a 9.28% rental yield on a $379,990 purchase with $2,940/mo rent. Total monthly income registers $2,940/mo, and a $1,860/mo payment leaves $613/mo available for distribution. Annual cash flow reaches $7,360/yr on $125,967 to close, and return on cash invested stands at 25.75% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,984 over five years. Portfolio math shows five-year ROI at 134.11% and total cumulative return in cash at $168,933. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,940/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
$55 monthly HOA
Neighborhood data shown for ZIP Code: 22902, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,851 (100%) |
| Owner Occupied HU | 5,576 (51.4%) |
| Renter Occupied HU | 4,480 (41.3%) |
| Vacant Housing Units | 795 ( 7.3%) |
| Median Home Value | $451,661 |
| Average Home Value | $580,194 |
Residential
11,194
Single Family
9,644
Multi-Family
1,550
Businesses
1,901
Date | Event | Price |
|---|---|---|
| 2024-10-25 | Price change | $379,990 |
| 2024-10-08 | Price change | $391,789 |
| 2024-10-08 | Listed for sale | $395,789 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Steve Spaulding • SM BROKERAGE, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #657625
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.
