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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 111 Butler Cir, Locust Grove, VA, 22508 offers $2,957/mo rent that, after a $2,447/mo payment. Total monthly income is $2,957/mo. Return on cash invested measures 19.68% in year one, and rental yield stands at 7.1% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 101.34% and total cumulative return in cash reaches $167,940. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,957/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Emily Schroeder • MacDoc Property Mangement LLC
Mls Name: Bright MLS
Mls ID: #VAOR2012400
