








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


Rental property for sale in Locust Grove at 518 Monticello Cir, Locust Grove, VA, 22508 priced at $630,000 converts $5,207/mo rent into $1,441/mo cash flow after a $3,084/mo obligation. Total monthly income equals $5,207/mo, and annual cash flow totals $17,286/yr on $207,270 invested. Return on cash invested prints 28.4% in year one, and rental yield reads 9.92% against a $630,000 entry. Equity gained on principal adds $4,065/yr, while 5% annual appreciation compiles into $174,057 by year five. Five-year ROI reaches 148.07% and total cumulative return in cash sums $306,898. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,207/mo property income covering a $3,084/mo payment, not borrower’s personal income.
Single Family
Built in 2004
N/A 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: Keith Neeley • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #VAOR2010416