








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 237 Yellowstone Dr APT 106, Charlottesville, VA, 22903 offers a 8.52% rental yield on a $215,000 purchase with $1,527/mo rent. 62% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 92.65% and total cumulative return in cash at $66,037. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,527/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
$378 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 |
|---|---|---|
| 2025-04-05 | Listed for sale | $215,000 |
| 2020-03-31 | Sold | $148,000 |
| 2019-12-22 | Listing removed | $147,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-06 | $1632.84 | 16.30% | $191,200 | 16.30% |
| 2023-04-06 | $1403.98 | 9.02% | $164,400 | 9.02% |
| 2022-04-06 | $1287.84 | 1.82% | $150,800 | 1.82% |



Listed by: Michael Davis • DOGWOOD REALTY GROUP LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #662814
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.