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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% |
Rental property for sale in Locust Grove at 35679 Aspen Way, Locust Grove, VA, 22508 generates $2,656/mo in rent, after a $2,699/mo payment. Total monthly income is $2,656/mo. Return on cash invested sits at 15.82% in year one, and rental yield is 5.78% on a $551,500 entry. Equity gained on principal adds $3,559/yr, while 5% annual appreciation builds toward $152,369 over five years. Five-year ROI reaches 80.63% and total cumulative return in cash sums $146,305. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,656/mo property income rather than buyer’s personal income.
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 |
|---|---|---|
| 2025-06-20 | Listing removed | $553,999 |
| 2025-06-07 | Listed for sale | $553,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: N/A • N/A
Mls Name: Richmond Homes
Mls Provider:
Mls ID: #N/A
