6 Glen Oak RdFredericksburgVA22405
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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 6 Glen Oak Rd, Fredericksburg, VA, 22405 priced at $550,000 converts $3,311/mo rent into $23/mo cash flow after a $2,692/mo obligation. Total monthly income equals $3,311/mo, and annual cash flow totals $278/yr on $180,950 invested. Return on cash invested prints 20.21% in year one, and rental yield reads 7.22% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 104.18% and total cumulative return in cash sums $188,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,311/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2003
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22405, Fredericksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,368 (100%) |
| Owner Occupied HU | 10,716 (80.2%) |
| Renter Occupied HU | 2,184 (16.3%) |
| Vacant Housing Units | 468 ( 3.5%) |
| Median Home Value | $471,593 |
| Average Home Value | $518,175 |
Housing Distribution
Address Breakdown
Residential
12,750
Single Family
12,570
Multi-Family
180
Businesses
629
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Listed by: Pam Kuper • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #VAST2044892