Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Locust Grove at 104 Manassas Point, Locust Grove, VA, 22508 generates $3,084/mo in rent, after a $4,527/mo payment. Total monthly income is $3,084/mo. Return on cash invested sits at 9.66% in year one, and rental yield is 4% on a $925,000 entry. Equity gained on principal adds $5,969/yr, while 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 47.87% and total cumulative return in cash sums $145,669. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,084/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.28 Acres lot
$N/A/sqft
$2,295 annually HOA
Neighborhood data shown for ZIP Code: 22508, Locust Grove, VA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,142 (100%) |
| Owner Occupied HU | 5,888 (82.4%) |
| Renter Occupied HU | 610 ( 8.5%) |
| Vacant Housing Units | 644 ( 9.0%) |
| Median Home Value | $386,789 |
| Average Home Value | $456,107 |
Residential
6,741
Single Family
6,690
Multi-Family
51
Businesses
349
Date | Event | Price |
|---|---|---|
| 2025-05-24 | Listed for sale | $925,000 |
| 2025-01-17 | Listing removed | $859,900 |
| 2024-12-19 | Listed for sale | $859,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-25 | $4050.00 | N/A | $527,600 | N/A |
| 2023-05-25 | $4050.00 | N/A | $527,600 | N/A |
| 2022-05-25 | $4050.00 | 4.17% | $527,600 | N/A |
Listed by: Cabell Childress • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2513998
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.
