12711 Norwood DrFredericksburgVA22407
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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 12711 Norwood Dr, Fredericksburg, VA, 22407 listed at $649,500 pairs $3,979/mo rent with a $3,179/mo payment to leave $96/mo cash flow. Total monthly income runs $3,979/mo, and annual cash flow reaches $1,156/yr on $213,686 cash to close. Return on cash invested measures 20.6% in year one, and rental yield registers 7.35% at a $649,500 basis. Equity gained on principal adds $4,191/yr, and annual property appreciation at 5% supports $179,445 by year five. Five-year ROI tracks 106.25% and total cumulative return in cash totals $227,041. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,979/mo property income relative to a $3,179/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2018
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22407, Fredericksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,359 (100%) |
| Owner Occupied HU | 17,960 (70.8%) |
| Renter Occupied HU | 6,260 (24.7%) |
| Vacant Housing Units | 1,139 ( 4.5%) |
| Median Home Value | $455,376 |
| Average Home Value | $499,155 |
Housing Distribution
Address Breakdown
Residential
23,817
Single Family
21,638
Multi-Family
2,179
Businesses
1,223
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Listed by: Ms. Kristin M Francis • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VASP2038432