1349 Gilmore StFredericksburgVA22401
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThis is a cash-flow-light asset: 1349 Gilmore St, Fredericksburg, VA, 22401 in Fredericksburg, $550,000, 7.88% gross yield, $187/mo net income. Consider it a market-entry position, the $3,610/mo rent covers the $2,473/mo payment with a margin, and 5%/yr appreciation is projected to add $151,955 to the asset's value over five years. Ziffy Mortgage approves DSCR loans (coverage 1.46) for non-U.S. residents without domestic income documentation. Consider a higher down payment to widen the monthly margin. Total projected return: $228,822.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.8% |
| Monthly Cash Flow | $187 | $450 |
City averages based on Fredericksburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,610 |
| Total Monthly Debt Service | $3,069 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2018
4,042 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
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
Townhouse
Built in 2018
4,042 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: N/A • N/A
Mls Name: Bright MLS
Mls ID: #VAFB2009768