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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 1142 Redfields Rd, Charlottesville, VA, 22903 generates $3,793/mo in rent, after a $3,402/mo payment. Total monthly income is $3,793/mo. Return on cash invested sits at 17.9% in year one, and rental yield is 6.55% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 91.86% and total cumulative return in cash sums $210,042. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,793/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.38 Acres lot
$N/A/sqft
$50 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 |
|---|---|---|
| 2025-07-14 | Listed for sale | $695,000 |
| 2002-10-26 | Sold | $302,850 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-15 | $5171.82 | 4.11% | $605,600 | 4.11% |
| 2023-07-15 | $4967.72 | 12.75% | $581,700 | 12.75% |
| 2022-07-15 | $4405.78 | 7.86% | $515,900 | 7.86% |
Listed by: ROBERT RUSSO • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #666650
