1021 Clearview AveFredericksburgVA22405
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Fredericksburg at 1021 Clearview Ave, Fredericksburg, VA, 22405 uses $65,969 cash to close to unlock $4,925/yr annual cash flow and $410/mo monthly cash flow. Total monthly income runs $1,600/mo, and a $974/mo payment keeps the spread at $410/mo. Purchase price stands at $199,000, and rental yield measures 9.65% with $1,600/mo rent. Return on cash invested shows 27.37% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 142.64% and total cumulative return in cash records $94,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,600/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22405, Fredericksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,368 (100%) |
| Owner Occupied HU | 10,716 (80.2%) |
| Renter Occupied HU | 2,184 (16.3%) |
| Vacant Housing Units | 468 ( 3.5%) |
| Median Home Value | $471,593 |
| Average Home Value | $518,175 |
Housing Distribution
Address Breakdown
Residential
12,750
Single Family
12,570
Multi-Family
180
Businesses
629
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Listed by: Steve Patten • KW Metro Center
Mls Name: Bright MLS
Mls ID: #VAST2040564