608 Halleck StFredericksburgVA22407
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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 608 Halleck St, Fredericksburg, VA, 22407 offers $3,449/mo rent that, after a $2,570/mo payment, leaves $310/mo cash flow. Total monthly income is $3,449/mo, and annual cash flow is $3,723/yr on $172,725 cash. Return on cash invested measures 22.22% in year one, and rental yield stands at 7.88% at a $524,999 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 114.92% and total cumulative return in cash reaches $198,500. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,449/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
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: Tyler Simpson • Keller Williams Capital Properties
Mls Name: Bright MLS
Mls ID: #VASP2034924