








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 1408 Singleton Ln, Charlottesville, VA, 22903 offers $4,043/mo rent that, after a $3,965/mo payment. Total monthly income is $4,043/mo. Return on cash invested measures 16.01% in year one, and rental yield stands at 5.99% at a $810,000 entry. Equity gained on principal adds $5,227/yr while 5% annual appreciation compounds into $223,788 by year five. Five-year ROI records 81.81% and total cumulative return in cash reaches $218,019. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,043/mo property income versus a $3,965/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.56 Acres lot
$N/A/sqft
$298 quarterly 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 |
|---|---|---|
| 2025-03-13 | Listed for sale | $810,000 |
| 2005-09-27 | Sold | $414,367 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-14 | $5660.32 | 7.27% | $662,800 | 7.27% |
| 2023-03-14 | $5276.86 | 13.50% | $617,900 | 13.50% |
| 2022-03-14 | $4649.18 | 7.04% | $544,400 | 7.04% |



Listed by: Sasha Tripp • STORY HOUSE REAL ESTATE
Mls Name: CAAR
Mls Provider:
Mls ID: #661749
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.