LOT 391 Cougar Ln LOT 391Locust 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
Investment property for sale in Locust Grove at LOT 391 Cougar Ln LOT 391, Locust Grove, VA, 22508 listed at $339,708 pairs $2,656/mo rent with a $1,663/mo payment to leave $625/mo cash flow. Total monthly income runs $2,656/mo, and annual cash flow reaches $7,500/yr on $112,613 cash to close. Return on cash invested measures 26.57% in year one, and rental yield registers 9.38% at a $339,708 basis. Equity gained on principal adds $2,192/yr, and annual property appreciation at 5% supports $93,855 by year five. Five-year ROI tracks 138.27% and total cumulative return in cash totals $155,711. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,656/mo property income relative to a $1,663/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
2,415 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sylvia Cowles • Sylvia Scott Cowles
Mls Name: Bright MLS
Mls ID: #VAOR2010334