








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Fredericksburg at 122 Shumate Ln, Fredericksburg, VA, 22406 priced at $599,000 converts $3,623/mo rent into $42/mo cash flow after a $2,932/mo obligation. Total monthly income equals $3,623/mo, and annual cash flow totals $505/yr on $197,071 invested. Return on cash invested prints 20.32% in year one, and rental yield reads 7.26% against a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation compiles into $165,493 by year five. Five-year ROI reaches 104.73% and total cumulative return in cash sums $206,398. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,623/mo property income covering a $2,932/mo payment, not borrower’s personal income.
Single Family
Built in 2008
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22406, Fredericksburg, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,783 (100%) |
| Owner Occupied HU | 7,841 (72.7%) |
| Renter Occupied HU | 2,572 (23.9%) |
| Vacant Housing Units | 370 ( 3.4%) |
| Median Home Value | $524,923 |
| Average Home Value | $558,865 |
Residential
10,589
Single Family
9,862
Multi-Family
727
Businesses
551
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Monica Patton • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #VAST2042380