








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 $3,202/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 5.91% with $3,202/mo rent. Return on cash invested shows 12.76% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 65.44% and total cumulative return in cash records $139,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,202/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$456 monthly 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 | $650,000 |
| 2025-07-19 | Pending sale | $689,000 |
| 2025-06-20 | Price change | $689,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-04 | $7142.86 | 12.76% | $724,800 | 10.54% |
| 2023-11-04 | $6334.54 | 116.88% | $655,700 | 7.76% |
| 2022-11-04 | $2920.80 | -27.95% | $608,500 | 42.61% |



Listed by: CLAUDIA TROY • REAL BROKER, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #666036