Real Estate Investing in Fredericksburg, Virginia (22408)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 22408 (Fredericksburg, VA)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Fredericksburg, VA (22408)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 22408 Fredericksburg
ZIP 22408 inside Spotsylvania County looks affordable on the surface — median value of $455K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 22408 can be a a solid fit for hunting ground — but the discount at $455K reflects genuine risk that outside investors often underestimate.
The gap between 22408 and stronger Fredericksburg ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The 22408 ZIP's population of 31,050 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that reports the need for careful underwriting.
Experienced landlords with local relationships tend to find 22408 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Fredericksburg:
Property Strategy for 22408
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $315,651 | $2,040 | 4.7% | +7.4% | $157,826 |
| 3BR | $390,950 | $2,570 | 4.7% | +7.5% | $130,317 |
| 4BR | $512,256 | $3,030 | 4.3% | +7.5% | $128,064 |
| 5BR | $589,837 | — | — | +7.2% | $117,967 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 22408 Compare?
| Metric | 22408 | Fredericksburg | Virginia |
|---|---|---|---|
| Home Value | $454,561 | $484,516 | $403,170 |
| 5-Year CAGR | 4.7% | 4.2% | 6.4% |
| Avg Rent | $2,080 | $2,021 | - |
| Cap Rate | 3.6% | 3.3% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 22408 (Fredericksburg, VA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 22408 (Fredericksburg, VA)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $454,561 |
| Monthly Rent | $2,080 |
| Price-to-Rent | 18.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.5% |
| Cap Rate | 3.6% |
| 5-Year IRR | 8.3% |
📈 Home Appreciation
| 1-Year | +2.9% ▲ |
| 3-Year CAGR | +3.5% ▲ |
| 5-Year CAGR | +4.7% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | +3.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 22408
Population: 31,050
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 22408
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Frequently Asked Questions
How strong is Fredericksburg, VA for real estate investors?
Fredericksburg, VA scores 3.0/5 for investability. Home values sit at $455K and rents near $2,080/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Are rents high in Fredericksburg, VA?
Fredericksburg, VA rentals go for roughly $2,080/mo a month. That puts gross yield in solid territory relative to $455K acquisition costs.
Which investment style suits Fredericksburg, VA?
A careful cash-flow rentals with hands-on management strategy Fredericksburg, VA best. The market produces predictable results for that approach at the $455K price point.
Is the tenant base reliable in Fredericksburg, VA?
Tenant demand in Fredericksburg, VA is solid. The local workforce $2,080/mo rents across most rental classes.
What are vacancy rates like in Fredericksburg, VA?
Fredericksburg, VA sees elevated vacancy, which is reasonable relative to the broader VA rental market.
You know 22408 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 22408 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 22408 ranks in Washington-Arlington-Alexandria, DC-VA-MD-WV
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 22408 (Fredericksburg)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 22408 (Fredericksburg, VA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.