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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 1122 Preston Ave #A-B, Charlottesville, VA, 22903 offers a 4.29% rental yield on a $1,050,000 purchase with $3,754/mo rent. 47% in year one. Equity gained on principal adds $6,775/yr while 5% annual appreciation supports $290,096 over five years. Portfolio math shows five-year ROI at 57.22% and total cumulative return in cash at $194,657. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,754/mo property income against a $5,139/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
0.38 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 |
|---|---|---|
| 2025-04-28 | Listed for sale | $1,050,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Will Nafei • AVENUE REALTY, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #663807
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.
