12 Porter LnFredericksburgVA22405
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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
Rental property for sale in Fredericksburg at 12 Porter Ln, Fredericksburg, VA, 22405 offers $2,830/mo rent that, after a $2,056/mo payment, leaves $319/mo cash flow. Total monthly income is $2,830/mo, and annual cash flow is $3,828/yr on $139,230 cash. Return on cash invested measures 22.66% in year one, and rental yield stands at 8.09% at a $420,000 entry. Equity gained on principal adds $2,710/yr while 5% annual appreciation compounds into $116,038 by year five. Five-year ROI records 117.3% and total cumulative return in cash reaches $163,315. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,830/mo property income versus a $2,056/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.66 Acres 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: LeAnn Black • 1st Choice Better Homes & Land, LC
Mls Name: Bright MLS
Mls ID: #VAST2045556