202 Douglas Ave APT 3D, Charlottesville, VA, 22902 | 4.32% Rental Yield

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202 Douglas Ave APT 3D, Charlottesville, VA, 22902 | 4.32% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Charlottesville at 202 Douglas Ave APT 3D, Charlottesville, VA, 22902 listed at $875,000 pairs $3,148/mo rent with a $4,283/mo payment. Total monthly income runs $3,148/mo. Return on cash invested measures 11.38% in year one, and rental yield registers 4.32% at a $875,000 basis. Equity gained on principal adds $5,646/yr, and annual property appreciation at 5% supports $241,746 by year five. Five-year ROI tracks 56.79% and total cumulative return in cash totals $163,475. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,148/mo property income relative to a $4,283/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2003

N/A lot

$N/A/sqft

No HOA

More details about the property

Chic and contemporary, this two-story condo in Belmont Lofts combines modern design with an unbeatable location. The main level features soaring ceilings, an open-concept floor plan, and expansive windows framing both urban and verdant views. The kitchen and living area connect seamlessly, while custom Shoji panel flex walls provide the option for a den or main-level bedroom. Finishes include concrete, hardwood, and ceramic tile flooring, maple cabinetry, and fresh updates with new paint and appliances throughout. A bright stairwell leads to the private rooftop terraceperfect for entertaining or relaxing above the city. Upstairs, the spacious owners suite offers a walk-in closet, additional hall closet, and a full bath. This unit includes a secure storage area, one assigned indoor garage space within a gated entry, plus an extra unassigned outdoor parking spot. Association fees cover trash and recycling, water, sewer, gas, and all exterior maintenance for truly low-maintenance living. Set on several landscaped acres with its own courtyard and gardens, this community provides a private retreat in the heart of Charlottesvillejust a short walk to Belmonts shops and restaurants, IX Art Park, and the Downtown Mall.

Neighborhood Data

Neighborhood data shown for ZIP Code: 22902, Charlottesville, VA area.

Housing Distribution

Housing Statistics

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

Housing Distribution

Address Breakdown

Residential

11,194

Single Family

9,644

Multi-Family

1,550

Businesses

1,901

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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1450 Avon St, Charlottesville, VA, 22902

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Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: Condo
Year Built: 2003
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Attached, Basement, Electricity, Garage, Garage Door Opener, Oversized

Location

City: Charlottesville
State: VA
Subdivision: N/A
Lot Size: N/A
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: LIBERTY KALERGIS • FRANK HARDY SOTHEBY'S INTERNATIONAL REALTY

Mls Name: CAAR

Mls ID: #668905

202 Douglas Ave APT 3D,Charlottesville,VA,22902

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

202 Douglas Ave APT 3DCharlottesvilleVA22902