309 Prince Edward StFredericksburgVA22401
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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 309 Prince Edward St, Fredericksburg, VA, 22401 offers $2,578/mo rent that, after a $3,671/mo payment. Total monthly income is $2,578/mo. Return on cash invested measures 10.79% in year one, and rental yield stands at 4.12% at a $750,000 entry. Equity gained on principal adds $4,840/yr while 5% annual appreciation compounds into $207,211 by year five. Five-year ROI records 53.65% and total cumulative return in cash reaches $132,378. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,578/mo property income versus a $3,671/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1909
0.25 Acres 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
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Listed by: Matt Revell • Aquia Realty, Inc.
Mls Name: Bright MLS
Mls ID: #VAFB2008852