16 Enola RdFredericksburgVA22405
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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 16 Enola Rd, Fredericksburg, VA, 22405 priced at $349,900 pairs $2,286/mo rent with $194/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,286/mo, and annual cash flow comes to $2,327/yr on $115,992 invested. Return on cash invested is 21.92% in year one, and rental yield stands at 7.84% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 113.32% and total cumulative return in cash reaches $131,442. For financing, Ziffy Mortgage’s DSCR program evaluates $2,286/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.50 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: Melda Bates • River Fox Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAST2042662