








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 217 Douglas Ave, Charlottesville, VA, 22902 priced at $1,395,000 pairs $4,806/mo rent with after a $6,828/mo payment. Total monthly income equals $4,806/mo. Return on cash invested is 10.99% in year one, and rental yield stands at 4.13% on a $1,395,000 basis. Equity gained on principal adds $9,002/yr, and 5% annual appreciation accumulates to $385,413 by year five. Five-year ROI measures 54.62% and total cumulative return in cash reaches $246,886. For financing, Ziffy Mortgage’s DSCR program evaluates $4,806/mo property income against a $6,828/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.25 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-04-04 | Listed for sale | $1,395,000 |
| 2022-11-01 | Sold | $1,026,000 |
| 2022-10-17 | Pending sale | $975,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-06 | $3917.28 | 28.18% | $943,900 | 23.47% |
| 2022-04-06 | $3056.16 | -39.47% | $764,500 | 15.96% |
| 2021-04-06 | $5049.26 | N/A | $659,300 | N/A |



What's Special
Walk-up
Listed by: Shannon Thomas • CORE REAL ESTATE PARTNERS LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #662598
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.