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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 2659 Scottsville Rd, Charlottesville, VA, 22902 with 5% annual appreciation on a $445,000 basis while $3,427/mo rent supports operations. Total monthly income totals $3,427/mo and a $2,178/mo payment preserves $717/mo for cash returns. Annual cash flow comes to $8,607/yr on $147,518 deployed, and return on cash invested reaches 25.74% in year one. Equity gained on principal adds $2,872/yr, and five-year appreciation sums $122,945 alongside rental yield of 9.24%. Five-year ROI measures 134.02% and total cumulative return in cash totals $197,708.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,427/mo property income versus a $2,178/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
3.31 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 |
|---|---|---|
| 2025-08-07 | Sold | $445,000 |
| 2025-05-23 | Pending sale | $445,000 |
| 2025-05-18 | Listed for sale | $445,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-11-01 | $4154.42 | 14.46% | $464,700 | 9.34% |
| 2024-11-01 | $3629.50 | 6.38% | $425,000 | 6.38% |
| 2023-11-01 | $3411.74 | 9.54% | $399,500 | 9.54% |
Listed by: MICHAEL WRIGHT • RE/MAX REALTY SPECIALISTS-CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #664698
