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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 972 Canvas Back Dr, Charlottesville, VA, 22903 earns from $3,323/mo rent with a $2,932/mo payment. Total monthly income totals $3,323/mo. ROI tracks 18.17% on current figures, and rental yield reads 6.66% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 93.35% and total cumulative return in cash sums $183,970. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,323/mo property income instead of your personal income.
Single Family
Built in 1998
9,147 sqft lot
$N/A/sqft
$52 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 |
|---|---|---|
| 2025-03-27 | Listed for sale | $599,000 |
| 1998-10-01 | Sold | $187,924 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $4396.40 | 1.08% | $514,800 | 1.08% |
| 2023-03-28 | $4349.42 | 14.40% | $509,300 | 14.40% |
| 2022-03-28 | $3802.00 | 6.58% | $445,200 | 6.58% |
Listed by: Susan Reres • HOWARD HANNA ROY WHEELER REALTY CO.- CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #662389
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.
