








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


Investment property for sale in Charlottesville at 2189 Shepherds Ridge Rd, Charlottesville, VA, 22901 listed at $695,000 pairs $3,200/mo rent with a $3,402/mo payment. Total monthly income runs $3,200/mo. Return on cash invested measures 13.78% in year one, and rental yield registers 5.53% at a $695,000 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,016 by year five. Five-year ROI tracks 70.11% and total cumulative return in cash totals $160,302. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,200/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2002
0.25 Acres lot
$N/A/sqft
$727 quarterly HOA
Neighborhood data shown for ZIP Code: 22901, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,906 (100%) |
| Owner Occupied HU | 8,917 (52.7%) |
| Renter Occupied HU | 6,745 (39.9%) |
| Vacant Housing Units | 1,244 ( 7.4%) |
| Median Home Value | $546,217 |
| Average Home Value | $630,845 |
Residential
16,845
Single Family
13,820
Multi-Family
3,025
Businesses
1,227
Date | Event | Price |
|---|---|---|
| 2025-08-25 | Sold | $695,000 |
| 2025-08-01 | Pending sale | $695,000 |
| 2025-07-25 | Listed for sale | $695,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $5468.16 | 3.21% | $640,300 | 3.21% |
| 2023-10-27 | $5298.22 | 23.54% | $620,400 | 23.54% |
| 2022-10-27 | $4288.78 | 6.24% | $502,200 | 6.24% |



Listed by: JANET BRADLEY • HOMESELL REALTY
Mls Name: CAAR
Mls Provider:
Mls ID: #667236