700 Lafayette BlvdFredericksburgVA22401
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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 700 Lafayette Blvd, Fredericksburg, VA, 22401 uses $149,142 cash to close to unlock $7,327/yr annual cash flow and $611/mo monthly cash flow. Total monthly income runs $3,300/mo, and a $2,202/mo payment keeps the spread at $611/mo. Purchase price stands at $449,900, and rental yield measures 8.8% with $3,300/mo rent. Return on cash invested shows 24.82% in year one, and 5% annual appreciation builds toward $124,299 over five years. Five-year ROI reaches 128.91% and total cumulative return in cash records $192,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,300/mo property income covering a $2,202/mo payment rather than investor’s personal income.
Single Family
Built in 1893
2,678 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22401, Fredericksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,745 (100%) |
| Owner Occupied HU | 4,900 (38.4%) |
| Renter Occupied HU | 6,950 (54.5%) |
| Vacant Housing Units | 895 ( 7.0%) |
| Median Home Value | $526,110 |
| Average Home Value | $586,783 |
Housing Distribution
Address Breakdown
Residential
12,913
Single Family
10,215
Multi-Family
2,698
Businesses
1,816
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Listed by: Wade Caple • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #VAFB2009510