35305 Wilderness Shores Way, Locust Grove, VA, 22508 | $515/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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35305 Wilderness Shores Way, Locust Grove, VA, 22508 | $515/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 Grove at 35305 Wilderness Shores Way, Locust Grove, VA, 22508 earns $515/mo cash flow from $2,518/mo rent with a $1,640/mo payment. Total monthly income totals $2,518/mo, and annual cash flow totals $6,181/yr on $111,053 capital. ROI tracks 25.47% on current figures, and rental yield reads 9.02% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 132.44% and total cumulative return in cash sums $147,080. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,518/mo property income instead of your personal income.

Single Family

Built in 1994

0.36 Acres lot

$N/A/sqft

No HOA

More details about the property

The window over the sink holds a restfull view of the long backyard! Coffee on the desk is a fab way to begin your day. .... or end it with friends & a BBQ. One level living close to the community entrance & tot lot. This neighborhood is Convenient to nearby shopping, eateries, & local businesses. Setback off the street for privacy with some mature plantings is this home awaiting its new family. It feels open and airy with its vault ceilings though it is a traditional floor plan offering separate dining and living rooms plus the popular family room off the kitchen. The family room sports two skylights, a wood-burning fireplace with a mantle & marble floor hearth. The kitchen has oak cabinetry & is both compact & efficient. There is a laundry closet that can be closed off from company view. Luxury vinyl plank flooring is easy maintenance & brightens the living area. Deck freshly stained. Roof August 2023 conveys with warranty. HVAC installed November 2013.

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