








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 3353 Watts Psge, Charlottesville, VA, 22911 uses $197,071 cash to close to unlock $5,281/yr annual cash flow and $440/mo monthly cash flow. Total monthly income runs $4,044/mo, and a $2,932/mo payment keeps the spread at $440/mo. Purchase price stands at $599,000, and rental yield measures 8.1% with $4,044/mo rent. Return on cash invested shows 22.74% in year one, and 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 117.79% and total cumulative return in cash records $232,126. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,044/mo property income covering a $2,932/mo payment rather than investor’s personal income.
Single Family
Built in 1974
2.03 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 |
|---|---|---|
| 2024-10-05 | Listed for sale | $599,000 |
| 2020-11-23 | Sold | $470,000 |
| 2020-07-31 | Listed for sale | $475,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-11 | $5065.08 | 3.63% | $593,100 | 3.63% |
| 2023-11-11 | $4887.44 | 8.93% | $572,300 | 8.93% |
| 2022-11-11 | $4486.92 | 11.79% | $525,400 | 11.79% |



Listed by: Stasia Rice • AVENUE REALTY, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #657467
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.