3710 Andover LnFredericksburgVA22408
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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
Investment property for sale in Fredericksburg at 3710 Andover Ln, Fredericksburg, VA, 22408 earns from $2,721/mo rent with a $2,550/mo payment. Total monthly income totals $2,721/mo. ROI tracks 17.31% on current figures, and rental yield reads 6.27% at a $521,000 purchase. Equity gained on principal adds $3,362/yr, and 5% annual appreciation supports $143,943 over five years. Five-year ROI reaches 88.57% and total cumulative return in cash sums $151,825. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,721/mo property income instead of your personal income.
Single Family
Built in 2001
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22408, Fredericksburg, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,323
Single Family
11,526
Multi-Family
797
Businesses
1,172
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Listed by: Crystal Allen • Plentura Realty LLC
Mls Name: CVRMLS
Mls ID: #2600474