117 Laurel AveFredericksburgVA22408
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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 117 Laurel Ave, Fredericksburg, VA, 22408 listed at $359,900 pairs $2,317/mo rent with a $1,762/mo payment to leave $165/mo cash flow. Total monthly income runs $2,317/mo, and annual cash flow reaches $1,981/yr on $119,307 cash to close. Return on cash invested measures 21.57% in year one, and rental yield registers 7.73% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 111.51% and total cumulative return in cash totals $133,034. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,317/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22408, Fredericksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,027 (100%) |
| Owner Occupied HU | 9,112 (69.9%) |
| Renter Occupied HU | 3,319 (25.5%) |
| Vacant Housing Units | 596 ( 4.6%) |
| Median Home Value | $450,803 |
| Average Home Value | $486,389 |
Housing Distribution
Address Breakdown
Residential
12,323
Single Family
11,526
Multi-Family
797
Businesses
1,172
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Listed by: Tom Washington • Samson Properties
Mls Name: Bright MLS
Mls ID: #VASP2038322