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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 1215 Wertland St APT A42, Charlottesville, VA, 22903 listed at $245,000 pairs $1,517/mo rent with a $1,199/mo payment. Total monthly income runs $1,517/mo. Return on cash invested measures 16.74% in year one, and rental yield registers 7.43% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 87.03% and total cumulative return in cash totals $70,680. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,517/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1966
N/A lot
$N/A/sqft
$261 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 |
|---|---|---|
| 2025-10-08 | Sold | $245,000 |
| 2025-09-29 | Listing removed | $1,600 |
| 2025-09-16 | Pending sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $2033.26 | 15.46% | $204,400 | 13.37% |
| 2023-10-28 | $1761.02 | 115.30% | $180,300 | 5.81% |
| 2022-10-28 | $817.92 | -45.68% | $170,400 | 7.51% |
Listed by: VOE MONTGOMERY • NEST REALTY GROUP
Mls Name: CAAR
Mls Provider:
Mls ID: #667331
