








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Locust Grove at 2600 Lakeview Pkwy, Locust Grove, VA, 22508 offers a 8.03% rental yield on a $449,999 purchase with $3,011/mo rent. Total monthly income registers $3,011/mo, and a $2,203/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,846/yr on $149,175 to close, and return on cash invested stands at 22.49% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,326 over five years. Portfolio math shows five-year ROI at 116.39% and total cumulative return in cash at $173,621. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,011/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
2,088 sqft 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: Angela Rosas • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAOR2012862