257 Long Point DrFredericksburgVA22406
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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 257 Long Point Dr, Fredericksburg, VA, 22406 offers $3,094/mo rent that, after a $2,080/mo payment, leaves $554/mo cash flow. Total monthly income is $3,094/mo, and annual cash flow is $6,643/yr on $140,888 cash. Return on cash invested measures 24.62% in year one, and rental yield stands at 8.74% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 127.84% and total cumulative return in cash reaches $180,113. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,094/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2015
4,578 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,589
Single Family
9,862
Multi-Family
727
Businesses
551
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Listed by: Krystal Johnson • Samson Properties
Mls Name: Bright MLS
Mls ID: #VAST2045652