814 Eastover Pkwy, Locust Grove, VA, 22508 | 7.1% Rental Yield

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814 Eastover Pkwy, Locust Grove, VA, 22508 | 7.1% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Locust Grove at 814 Eastover Pkwy, Locust Grove, VA, 22508 earns from $2,773/mo rent with a $2,296/mo payment. Total monthly income totals $2,773/mo. ROI tracks 19.67% on current figures, and rental yield reads 7.1% at a $469,000 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 over five years. Five-year ROI reaches 101.27% and total cumulative return in cash sums $157,447. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,773/mo property income instead of your personal income.

Single Family

Built in 1999

0.40 Acres lot

$N/A/sqft

No HOA

More details about the property

This beautifully updated rambler is sure to steal your heart! Designed with a smart split-bedroom floor plan, it offers the perfect balance of privacy and open-concept living. Step inside to soaring vaulted ceilings and a warm, inviting gas fireplacecreating a spacious and cozy atmosphere all at once. The renovated kitchen is a showstopper, featuring granite countertops, a stylish tile backsplash, and plenty of room to cook and entertain with ease. The primary bathroom has also been thoughtfully upgraded with luxurious finishes, turning your daily routine into a spa-like experience. Outdoor living is just as impressive. Whether you're entertaining on the expansive deck or enjoying peaceful evenings surrounded by nature, this backyard retreat delivers. A large storage shed takes care of your tools and toys, while a conditioned crawlspace provides even more versatile storage solutions. Dont miss your chance to own this charming and functional gem! Roof 2020, hvac 4/2014, new water heater

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