93 Ringgold RdFredericksburgVA22405
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 93 Ringgold Rd, Fredericksburg, VA, 22405 at $549,000 posts ROI 24.58% with $680/mo cash flow from $3,962/mo rent. Total monthly income equals $3,962/mo, and annual cash flow records $8,163/yr on $180,621 to close. Return on cash invested measures 24.58% and rental yield reads 8.66% at the current $549,000. Equity gained on principal adds $3,543/yr, and 5% annual appreciation supports $151,679 by year five. Five-year ROI prints 127.59% and total cumulative return in cash totals $230,456.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,962/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22405, Fredericksburg, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,750
Single Family
12,570
Multi-Family
180
Businesses
629
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Listed by: Courtney Schroeder • Southern Home Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAST2044182