611 Edwards DrFredericksburgVA22405
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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 611 Edwards Dr, Fredericksburg, VA, 22405 listed at $499,000 pairs $2,946/mo rent with a $2,442/mo payment. Total monthly income runs $2,946/mo. Return on cash invested measures 19.64% in year one, and rental yield registers 7.08% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 101.15% and total cumulative return in cash totals $167,322. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,946/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
0.32 Acres 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: Marie Sexton • Burch Real Estate Group, LLC
Mls Name: Bright MLS
Mls ID: #VAST2044316