Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 1306 Gristmill Dr, Charlottesville, VA, 22902 generates $2,549/mo in rent, after a $2,251/mo payment. Total monthly income is $2,549/mo. Return on cash invested sits at 18.25% in year one, and rental yield is 6.65% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 93.72% and total cumulative return in cash sums $142,909. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,549/mo property income rather than buyer’s personal income.
Single Family
Built in 1990
10,018 sqft lot
$N/A/sqft
$123 annually HOA
Neighborhood data shown for ZIP Code: 22902, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,851 (100%) |
| Owner Occupied HU | 5,576 (51.4%) |
| Renter Occupied HU | 4,480 (41.3%) |
| Vacant Housing Units | 795 ( 7.3%) |
| Median Home Value | $451,661 |
| Average Home Value | $580,194 |
Residential
11,194
Single Family
9,644
Multi-Family
1,550
Businesses
1,901
Date | Event | Price |
|---|---|---|
| 2025-08-21 | Sold | $460,000 |
| 2025-07-24 | Pending sale | $450,000 |
| 2025-07-15 | Price change | $450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $3246.90 | 5.76% | $380,200 | 5.76% |
| 2023-10-15 | $3070.14 | 7.76% | $359,500 | 7.76% |
| 2022-10-15 | $2848.94 | 7.03% | $333,600 | 7.03% |
Listed by: JAMIE WHITE • JAMIE WHITE REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #665477
