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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 35535 Aspen Way, Locust Grove, VA, 22508 listed at $499,999 pairs $2,656/mo rent with a $2,447/mo payment. Total monthly income runs $2,656/mo. Return on cash invested measures 17.5% in year one, and rental yield registers 6.37% at a $499,999 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,141 by year five. Five-year ROI tracks 89.66% and total cumulative return in cash totals $148,615. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,656/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A 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 |
|---|---|---|
| 2025-07-02 | Listed for sale | $499,999 |
| 2025-03-31 | Sold | $499,999 |
| 2025-03-11 | Listed for sale | $499,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • Richmond American Homes
Mls Name: Richmond Homes
Mls Provider:
Mls ID: #N/A
