








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 3297 Preddy Creek Rd, Charlottesville, VA, 22911 uses $176,673 cash to close to unlock $3,076/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $3,467/mo, and a $2,628/mo payment keeps the spread at $256/mo. Purchase price stands at $537,000, and rental yield measures 7.75% with $3,467/mo rent. Return on cash invested shows 21.8% in year one, and 5% annual appreciation builds toward $148,363 over five years. Five-year ROI reaches 112.69% and total cumulative return in cash records $199,088. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,467/mo property income covering a $2,628/mo payment rather than investor’s personal income.
Single Family
Built in 2006
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22911, Charlottesville, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,736 (100%) |
| Owner Occupied HU | 5,692 (58.5%) |
| Renter Occupied HU | 3,407 (35.0%) |
| Vacant Housing Units | 637 ( 6.5%) |
| Median Home Value | $474,189 |
| Average Home Value | $527,718 |
Residential
9,534
Single Family
7,230
Multi-Family
2,304
Businesses
736
Date | Event | Price |
|---|---|---|
| 2025-08-06 | Sold | $537,000 |
| 2025-06-29 | Pending sale | $550,000 |
| 2025-06-13 | Listed for sale | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $4309.28 | 8.52% | $504,600 | 8.52% |
| 2023-10-24 | $3971.10 | 14.11% | $465,000 | 14.11% |
| 2022-10-24 | $3480.06 | 20.71% | $407,500 | 20.70% |



Listed by: STASIA M RICE • AVENUE REALTY, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #665642