597 Ramoth Church RdFredericksburgVA22406
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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 597 Ramoth Church Rd, Fredericksburg, VA, 22406 uses $116,025 cash to close to unlock $3,142/yr annual cash flow and $262/mo monthly cash flow. Total monthly income runs $2,354/mo, and a $1,713/mo payment keeps the spread at $262/mo. Purchase price stands at $350,000, and rental yield measures 8.07% with $2,354/mo rent. Return on cash invested shows 22.62% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 117.08% and total cumulative return in cash records $135,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,354/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1900
1.83 Acres 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: Juliette Sherrill • Samson Properties
Mls Name: Bright MLS
Mls ID: #VAST2042592