605 Lamplighter DrFredericksburgVA22407
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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 605 Lamplighter Dr, Fredericksburg, VA, 22407 with 5% annual appreciation on a $425,000 basis while $2,983/mo rent supports operations. Total monthly income totals $2,983/mo and a $2,080/mo payment preserves $443/mo for cash returns. Annual cash flow comes to $5,311/yr on $140,888 deployed, and return on cash invested reaches 23.68% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 8.42%. Five-year ROI measures 122.77% and total cumulative return in cash totals $172,973.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,983/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22407, Fredericksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,359 (100%) |
| Owner Occupied HU | 17,960 (70.8%) |
| Renter Occupied HU | 6,260 (24.7%) |
| Vacant Housing Units | 1,139 ( 4.5%) |
| Median Home Value | $455,376 |
| Average Home Value | $499,155 |
Housing Distribution
Address Breakdown
Residential
23,817
Single Family
21,638
Multi-Family
2,179
Businesses
1,223
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Listed by: Micah Dianda • Samson Properties
Mls Name: Bright MLS
Mls ID: #VASP2038244