








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 308 S West St, Charlottesville, IN, 46117 uses $65,969 cash to close to unlock $6,761/yr annual cash flow and $563/mo monthly cash flow. Total monthly income runs $1,758/mo, and a $974/mo payment keeps the spread at $563/mo. Purchase price stands at $199,000, and rental yield measures 10.6% with $1,758/mo rent. Return on cash invested shows 30.16% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 157.59% and total cumulative return in cash records $103,962. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,758/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46117, Charlottesville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 187 (85.8%) |
| Renter Occupied HU | 17 ( 7.8%) |
| Vacant Housing Units | 14 ( 6.4%) |
| Median Home Value | $278,846 |
| Average Home Value | $310,882 |
Residential
245
Single Family
245
Multi-Family
0
Businesses
9
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Steve Craney • 101 Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22074568