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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 101 Westerly Ave, Charlottesville, VA, 22903 offers $2,084/mo rent that, after a $4,405/mo payment. Total monthly income is $2,084/mo. Return on cash invested measures 6.7% in year one, and rental yield stands at 2.78% at a $900,000 entry. Equity gained on principal adds $5,808/yr while 5% annual appreciation compounds into $248,653 by year five. Five-year ROI records 31.7% and total cumulative return in cash reaches $93,864. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,084/mo property income versus a $4,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1991
0.32 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $900,000 |
| 2019-06-28 | Listing removed | $395,000 |
| 2019-04-23 | Pending sale | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-18 | $5242.78 | 4.76% | $529,100 | 2.68% |
| 2023-04-18 | $5004.48 | 123.49% | $515,300 | 10.46% |
| 2022-04-18 | $2239.20 | -34.42% | $466,500 | 29.80% |
Listed by: Matt Kneece • REAL BROKER, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #663153
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.
