193 Farrell LnFredericksburgVA22401
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 193 Farrell Ln, Fredericksburg, VA, 22401 in Fredericksburg hard to pass up. The 10.28% gross yield on a $275,000 purchase results in $2,356/mo in rent and $712/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.90). Annual cash flow of $8,540, five-year appreciation of $75,977, and $2,533/yr in equity build-up combine for a projected total cumulative return of $149,871.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 5.8% |
| Monthly Cash Flow | $712 | $450 |
City averages based on Fredericksburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,356 |
| Total Monthly Debt Service | $1,534 |
| DSCR Ratio | 1.54x |
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 1991
3,145 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 1991
3,145 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: Sarah Reynolds • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #VAFB2008980