2 Turtle Creek Way UNIT 10-4, Fredericksburg, VA, 22406 | $534/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2 Turtle Creek Way UNIT 10-4, Fredericksburg, VA, 22406 | $534/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Fredericksburg at 2 Turtle Creek Way UNIT 10-4, Fredericksburg, VA, 22406 generates $2,800/mo in rent and, after a $1,855/mo payment, leaves $534/mo in cash flow. Total monthly income is $2,800/mo, and annual cash flow is $6,413/yr on $125,639 invested. Return on cash invested sits at 25.01% in year one, and rental yield is 8.87% on a $379,000 entry. Equity gained on principal adds $2,446/yr, while 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 129.94% and total cumulative return in cash sums $163,259. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,800/mo property income rather than buyer’s personal income.

Townhouse

Built in 2005

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 2 Turtle Creek Way in the desirable Villas at Falls Run, a premier 55+ active adult community in Fredericksburg. This beautifully updated home offers a perfect blend of comfort, style, and convenience, with several recent upgrades that make it truly move-in ready. Step inside to discover luxury vinyl plank flooring throughout the main living areas, providing a sleek and durable surface thats both low-maintenance and stylish. The kitchen is a true standout, featuring newly installed countertops that elevate the space while offering plenty of room for meal prep and entertaining. Both bathrooms have been thoughtfully updated with tall toilets, enhancing comfort and accessibility. The second bedroom is the only room with carpet, offering a cozy retreat for guests or as a home office. Located in the serene and welcoming Villas at Falls Run, this 55+ community offers a peaceful setting with easy access to amenities, including a clubhouse, fitness center, and walking trails. Enjoy the convenience of single-level living, with a layout thats perfect for those looking to downsize without sacrificing style or comfort. This is an ideal home for anyone seeking a low-maintenance lifestyle in a well-established, friendly neighborhood. Don't miss outschedule your tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 22406, Fredericksburg, VA area.

Housing Distribution

Housing Statistics

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