








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 1217 Villa Ln UNIT B, Charlottesville, VA, 22903 earns $175/mo cash flow from $1,882/mo rent with a $1,193/mo payment. Total monthly income totals $1,882/mo, and annual cash flow totals $2,099/yr on $80,803 capital. ROI tracks 22.51% on current figures, and rental yield reads 9.27% at a $243,750 purchase. Equity gained on principal adds $1,573/yr, and 5% annual appreciation supports $67,344 over five years. Five-year ROI reaches 117.85% and total cumulative return in cash sums $95,224. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,882/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$250 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 |
|---|---|---|
| 2025-06-30 | Listed for sale | $243,750 |
| 2019-07-11 | Sold | $169,000 |
| 2019-05-30 | Listed for sale | $178,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $1910.40 | 5.47% | $223,700 | 5.47% |
| 2023-07-01 | $1811.34 | 16.92% | $212,100 | 16.92% |
| 2022-07-01 | $1549.16 | 0.22% | $181,400 | 0.22% |



Listed by: PAM RIVERA • REAL ESTATE III, INC.
Mls Name: CAAR
Mls Provider:
Mls ID: #666364