








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Locust Grove at 502 Monticello Cir, Locust Grove, VA, 22508 with 5% annual appreciation on a $399,900 basis while $2,827/mo rent supports operations. Total monthly income totals $2,827/mo and a $1,957/mo payment preserves $437/mo for cash returns. Annual cash flow comes to $5,241/yr on $132,567 deployed, and return on cash invested reaches 23.86% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 8.48%. Five-year ROI measures 123.76% and total cumulative return in cash totals $164,060.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,827/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
0.39 Acres 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lauren Cotton • Coldwell Banker Elite
Mls Name: Bright MLS
Mls ID: #VAOR2010538