








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Total monthly income runs $2,057/mo, and a $1,517/mo payment. Purchase price stands at $309,900, and rental yield measures 7.97% with $2,057/mo rent. Return on cash invested shows 19.56% in year one, and 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 101.73% and total cumulative return in cash records $104,508. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,057/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$234 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 |
|---|---|---|
| 2025-04-28 | Listed for sale | $309,900 |
| 2021-06-25 | Listing removed | N/A |
| 2021-05-13 | Listed for rent | $1,550 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $2422.80 | 15.37% | $283,700 | 15.37% |
| 2023-04-29 | $2099.98 | 2.37% | $245,900 | 2.37% |
| 2022-04-29 | $2051.30 | 13.25% | $240,200 | 13.25% |



Listed by: Jim Pippin • REAL ESTATE III, INC.
Mls Name: CAAR
Mls Provider:
Mls ID: #663803
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.