36078 Fawn Ln #EKC2P9Locust 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
Investment property for sale in Locust Grove at 36078 Fawn Ln #EKC2P9, Locust Grove, VA, 22508 offers a 11.79% rental yield on a $350,000 purchase with $3,438/mo rent. Total monthly income registers $3,438/mo, and a $1,713/mo payment leaves $1,346/mo available for distribution. Annual cash flow reaches $16,150/yr on $116,025 to close, and return on cash invested stands at 33.83% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 177.2% and total cumulative return in cash at $205,598. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,438/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
2,500 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: Andrew Powers • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAOR2010104