8705 New Castle CtFredericksburgVA22408
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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 8705 New Castle Ct, Fredericksburg, VA, 22408 earns $153/mo cash flow from $2,784/mo rent with a $2,154/mo payment. Total monthly income totals $2,784/mo, and annual cash flow totals $1,840/yr on $145,860 capital. ROI tracks 21.17% on current figures, and rental yield reads 7.59% at a $440,000 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,564 over five years. Five-year ROI reaches 109.34% and total cumulative return in cash sums $159,490. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,784/mo property income instead of your personal income.
Single Family
Built in 1997
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22408, Fredericksburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,027 (100%) |
| Owner Occupied HU | 9,112 (69.9%) |
| Renter Occupied HU | 3,319 (25.5%) |
| Vacant Housing Units | 596 ( 4.6%) |
| Median Home Value | $450,803 |
| Average Home Value | $486,389 |
Housing Distribution
Address Breakdown
Residential
12,323
Single Family
11,526
Multi-Family
797
Businesses
1,172
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Listed by: Wes Stearns • M.O. Wilson Properties
Mls Name: Bright MLS
Mls ID: #VASP2038998