1110 Spur LnFredericksburgVA22401
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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 1110 Spur Ln, Fredericksburg, VA, 22401 offers a 8.63% rental yield on a $409,900 purchase with $2,947/mo rent. Total monthly income registers $2,947/mo, and a $2,006/mo payment leaves $497/mo available for distribution. Annual cash flow reaches $5,963/yr on $135,882 to close, and return on cash invested stands at 24.3% in year one. Equity gained on principal adds $2,645/yr while 5% annual appreciation supports $113,248 over five years. Portfolio math shows five-year ROI at 126.09% and total cumulative return in cash at $171,328. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,947/mo property income against a $2,006/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
3 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22401, Fredericksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,745 (100%) |
| Owner Occupied HU | 4,900 (38.4%) |
| Renter Occupied HU | 6,950 (54.5%) |
| Vacant Housing Units | 895 ( 7.0%) |
| Median Home Value | $526,110 |
| Average Home Value | $586,783 |
Housing Distribution
Address Breakdown
Residential
12,913
Single Family
10,215
Multi-Family
2,698
Businesses
1,816
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Listed by: Bill Petry • Samson Properties
Mls Name: Bright MLS
Mls ID: #VAFB2009536