114 Forrest AveFredericksburgVA22401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Fredericksburg at 114 Forrest Ave, Fredericksburg, VA, 22401 offers $2,534/mo rent that, after a $1,517/mo payment, leaves $681/mo cash flow. Total monthly income is $2,534/mo, and annual cash flow is $8,174/yr on $102,765 cash. Return on cash invested measures 27.86% in year one, and rental yield stands at 9.81% at a $310,000 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,647 by year five. Five-year ROI records 145.25% and total cumulative return in cash reaches $149,263. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,534/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
10,214 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Earl Cottom • Keller Williams Capital Properties
Mls Name: Bright MLS
Mls ID: #VAFB2008722