1522 Meander Run Rd, Locust Dale, VA, 22948 | $167/mo Cash Flow

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1522 Meander Run Rd, Locust Dale, VA, 22948 | $167/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Locust Dale at 1522 Meander Run Rd, Locust Dale, VA, 22948 earns $167/mo cash flow from $3,748/mo rent with a $2,932/mo payment. Total monthly income totals $3,748/mo, and annual cash flow totals $2,005/yr on $197,071 capital. ROI tracks 21.08% on current figures, and rental yield reads 7.51% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 108.81% and total cumulative return in cash sums $214,438. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,748/mo property income instead of your personal income.

Single Family

Built in 2003

5.00 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your perfect blend of comfort, privacy, and modern living. Nestled on 5 peaceful acres, this beautifully maintained 3-bedroom, 3-bath home offers the space, flexibility, and upgrades todays buyers are searching for. Step inside to an inviting open layout highlighted by a vaulted ceiling in the main living area, creating an airy, light-filled space ideal for everyday living and entertaining. The home features a stylish mix of hardwood and plush carpeting, adding both warmth and elegance throughout. The heart of the home shines with granite countertops, brand-new stainless steel appliances, and excellent flow to the dining and living spaces. Need to work from home? Youll appreciate the dedicated home office, perfectly tucked away for focus and productivity. The finished walkout basement expands your living possibilitieswhether for a rec room, gym, media space, or guest suite. Outdoor living is just as impressive with a covered back deck for year-round enjoyment and a stamped concrete patio and front walkway that elevate the homes curb appeal. Car enthusiasts, hobbyists, or those dreaming of extra living space will love the detached 2-car garage complete with a loftideal for storage or ready to be finished as an apartment or studio. If youve been searching for privacy, versatility, and modern comfort all in one, this property delivers. Come experience the lifestyle this beautiful home and acreage have to offer! For those needing reliable connectivity, multiple internet options are available, including satellite, Starlink, and Firefly (currently being run).

Neighborhood Data

Neighborhood data shown for ZIP Code: 22948, Locust Dale, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	152 (100%)
Owner Occupied HU	101 (66.4%)
Renter Occupied HU	34 (22.4%)
Vacant Housing Units	17 (11.2%)
Median Home Value	$497,727
Average Home Value	$562,228