








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 928 Monticello Ave, Charlottesville, VA, 22902 listed at $699,000 pairs $3,533/mo rent with a $3,421/mo payment. Total monthly income runs $3,533/mo. Return on cash invested measures 16.69% in year one, and rental yield registers 6.07% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 85.28% and total cumulative return in cash totals $196,130. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,533/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
4,356 sqft 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 |
|---|---|---|
| 2024-10-08 | Price change | $699,000 |
| 2024-08-01 | Listed for sale | $739,900 |
| 2024-06-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-11-11 | $2925.60 | 6.06% | $609,500 | 6.06% |
| 2022-11-11 | $2758.56 | 94.23% | $574,700 | 284.41% |
| 2021-11-11 | $1420.26 | N/A | $149,500 | N/A |



Listed by: Eddie Karoliussen • FOUR CORNERS REAL ESTATE SOLUTIONS, LLC
Mls Name: CAAR
Mls Provider:
Mls ID: #655486
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.