36118 Wilderness Shores WayLocust 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 36118 Wilderness Shores Way, Locust Grove, VA, 22508 listed at $390,432 pairs $2,656/mo rent with a $1,911/mo payment to leave $322/mo cash flow. Total monthly income runs $2,656/mo, and annual cash flow reaches $3,864/yr on $129,428 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.16% at a $390,432 basis. Equity gained on principal adds $2,519/yr, and annual property appreciation at 5% supports $107,869 by year five. Five-year ROI tracks 118.61% and total cumulative return in cash totals $153,516. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,656/mo property income relative to a $1,911/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A