








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Fredericksburg at 32 Meares Way, Fredericksburg, VA, 22406 listed at $600,000 pairs $3,484/mo rent with a $2,937/mo payment. Total monthly income runs $3,484/mo. Return on cash invested measures 19.43% in year one, and rental yield registers 6.97% at a $600,000 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 99.98% and total cumulative return in cash totals $197,352. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,484/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2021
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22406, Fredericksburg, VA area.
| 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 |
Residential
10,589
Single Family
9,862
Multi-Family
727
Businesses
551
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Heidi Jerakis • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls ID: #VAST2042134