Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 511 1st St N APT 609, Charlottesville, VA, 22902 earns from $1,969/mo rent with a $1,322/mo payment. Total monthly income totals $1,969/mo. ROI tracks 18.35% on current figures, and rental yield reads 8.75% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 96.49% and total cumulative return in cash sums $86,365. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,969/mo property income instead of your personal income.
Condo
Built in 1967
N/A lot
$N/A/sqft
$440 monthly 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 |
|---|---|---|
| 2025-06-09 | Sold | $270,000 |
| 2025-05-19 | Pending sale | $270,000 |
| 2025-05-15 | Listed for sale | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $2531.98 | 25.77% | $256,700 | 23.41% |
| 2023-10-29 | $2013.12 | 296.13% | $208,000 | 13.04% |
| 2022-10-29 | $508.20 | -65.51% | $184,000 | 18.63% |
Listed by: DANNY HUGUS • THE HOGAN GROUP-CHARLOTTESVILLE
Mls Name: CAAR
Mls Provider:
Mls ID: #664595
