708 Pleasants DrFredericksburgVA22407
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 708 Pleasants Dr, Fredericksburg, VA, 22407 with 5% annual appreciation on a $447,500 basis while $3,179/mo rent supports operations. Total monthly income totals $3,179/mo and a $2,190/mo payment preserves $504/mo for cash returns. Annual cash flow comes to $6,051/yr on $148,346 deployed, and return on cash invested reaches 23.99% in year one. Equity gained on principal adds $2,888/yr, and five-year appreciation sums $123,636 alongside rental yield of 8.52%. Five-year ROI measures 124.45% and total cumulative return in cash totals $184,621.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,179/mo property income versus a $2,190/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
0.26 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathy O'Blinsky • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #VASP2035194