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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Fredericksburg at 623 Olde Forge Dr, Fredericksburg, VA, 22405 listed at $299,900 pairs $2,334/mo rent with a $1,468/mo payment to leave $541/mo cash flow. Total monthly income runs $2,334/mo, and annual cash flow reaches $6,493/yr on $99,417 cash to close. Return on cash invested measures 26.44% in year one, and rental yield registers 9.34% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 137.63% and total cumulative return in cash totals $136,828. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,334/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1976
3,776 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 22405, Fredericksburg, VA area.
| 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 |
Residential
12,750
Single Family
12,570
Multi-Family
180
Businesses
629
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tammy Hill • KW Metro Center
Mls Name: Bright MLS
Mls ID: #VAST2043954
