




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


Rental property for sale in Fredericksburg at 331 3rd St, Fredericksburg, VA, 22408 generates $2,332/mo in rent and, after a $1,786/mo payment, leaves $151/mo in cash flow. Total monthly income is $2,332/mo, and annual cash flow is $1,807/yr on $120,998 invested. Return on cash invested sits at 21.4% in year one, and rental yield is 7.67% on a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 110.59% and total cumulative return in cash sums $133,807. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,332/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22408, Fredericksburg, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,027 (100%) |
| Owner Occupied HU | 9,112 (69.9%) |
| Renter Occupied HU | 3,319 (25.5%) |
| Vacant Housing Units | 596 ( 4.6%) |
| Median Home Value | $450,803 |
| Average Home Value | $486,389 |
Residential
12,323
Single Family
11,526
Multi-Family
797
Businesses
1,172
Date | Event | Price |
|---|---|---|
| 2025-08-08 | Sold | $365,000 |
| 2025-07-07 | Pending sale | $360,000 |
| 2025-07-04 | Listed for sale | $360,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-11-04 | $2186.01 | N/A | $297,700 | N/A |
| 2024-11-04 | $2186.01 | 22.52% | $297,700 | 28.76% |
| 2023-11-04 | $1784.17 | 4.61% | $231,200 | N/A |



Listed by: N/A • N/A
Mls Name: BHHS PenFed solds
Mls ID: #N/A