2610 Grey Wolf Ln LOT 1073Locust GroveVA22508
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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
Investment Highlights
Rental property for sale in Locust Grove at 2610 Grey Wolf Ln LOT 1073, Locust Grove, VA, 22508 generates $2,656/mo in rent and, after a $1,811/mo payment, leaves $444/mo in cash flow. Total monthly income is $2,656/mo, and annual cash flow is $5,330/yr on $122,652 invested. Return on cash invested sits at 24.25% in year one, and rental yield is 8.61% on a $369,990 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,221 over five years. Five-year ROI reaches 125.9% and total cumulative return in cash sums $154,418. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,656/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
2,415 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 22508, Locust Grove, VA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,741
Single Family
6,690
Multi-Family
51
Businesses
349
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Listed by: Sylvia Cowles • Sylvia Scott Cowles
Mls Name: Bright MLS
Mls ID: #VAOR2013038