2613 Cougar LnLocust GroveVA22508
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2613 Cougar Ln, Locust Grove, VA, 22508 in Locust Grove. At $395,800 it earns $2,656/mo in rent and distributes $290/mo to the owner after the $1,780/mo payment, a consistent 8.05% yield. DSCR 1.49 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $109,352 in value; $3,645/yr in principal paydown compounds ownership stake. Total projected return: $168,406.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $290 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,656 |
| Total Monthly Debt Service | $2,209 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2025
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A