402 Liberty BlvdLocust GroveVA22508
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Locust Grove at 402 Liberty Blvd, Locust Grove, VA, 22508 offers $3,212/mo rent that, after a $2,569/mo payment. Total monthly income is $3,212/mo. Return on cash invested measures 19.25% in year one, and rental yield stands at 7.34% at a $524,900 entry. Equity gained on principal adds $3,387/yr while 5% annual appreciation compounds into $145,020 by year five. Five-year ROI records 99.49% and total cumulative return in cash reaches $171,805. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,212/mo property income versus a $2,569/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
0.26 Acres lot
$N/A/sqft
$2,295 annually 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: Mary Maurer • EXP Realty, LLC
Mls Name: Bright MLS
Mls Provider:
Mls ID: #VAOR2010600
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