7213 Chancellor RdFredericksburgVA22407
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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 7213 Chancellor Rd, Fredericksburg, VA, 22407 offers a 8.88% rental yield on a $524,900 purchase with $3,883/mo rent. Total monthly income registers $3,883/mo, and a $2,569/mo payment leaves $745/mo available for distribution. Annual cash flow reaches $8,944/yr on $172,692 to close, and return on cash invested stands at 25.24% in year one. Equity gained on principal adds $3,387/yr while 5% annual appreciation supports $145,020 over five years. Portfolio math shows five-year ROI at 131.13% and total cumulative return in cash at $226,453. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,883/mo property income against a $2,569/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
1.24 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
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Listed by: Betty Nolan Kiser • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #VASP2036128