501 Gold RdLocust 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 501 Gold Rd, Locust Grove, VA, 22508 with 5% annual appreciation on a $744,900 basis while $2,656/mo rent supports operations. 26% in year one. Equity gained on principal adds $4,807/yr, and five-year appreciation sums $205,802 alongside rental yield of 4.28%. Five-year ROI measures 56.17% and total cumulative return in cash totals $137,664. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,656/mo property income versus a $3,646/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
10,454 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: INA BALANENCO • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls ID: #VAOR2012696