Orinda Plan, Aspire at Wilderness ShoresLocust 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 Orinda Plan, Aspire at Wilderness Shores, Locust Grove, VA, 22508 with 5% annual appreciation on a $339,093 basis while $2,656/mo rent supports operations. Total monthly income totals $2,656/mo and a $1,660/mo payment preserves $629/mo for cash returns. Annual cash flow comes to $7,544/yr on $112,409 deployed, and return on cash invested reaches 26.62% in year one. Equity gained on principal adds $2,188/yr, and five-year appreciation sums $93,685 alongside rental yield of 9.4%. Five-year ROI measures 138.56% and total cumulative return in cash totals $155,757.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,656/mo property income versus a $1,660/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
N/A 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: N/A • K Hovnanian Homes
Mls Name: K. Hovnanian Companies, LLC
Mls Provider:
Mls ID: #N/A