Investor Opportunity — Cash Flow Today, Massive Upside Tomorrow! Now priced at $900,000, this fully rented, grandfathered single-family home plus duplex in Historic Haymarket delivers immediate returns with huge room for growth. With current rents at $6,100 per month, the property already generates positive cash flow. Using 25% down at a 6.5% rate, monthly expenses including mortgage, taxes, and insurance are approximately $4,973, producing about $1,127 per month in cash flow and an estimated 6% cash-on-cash return on day one. The real upside comes from bringing rents to market. Pro forma rents total $9,100 per month, raising monthly cash flow to over $4,127, generating more than $49,500 in annual cash flow and pushing the cash-on-cash return to an impressive 22%. This rare investment offers a grandfathered multi-unit setup, stable tenants, strong current performance, and a clear, achievable path to dramatically increasing ROI. Opportunities like this in Historic Haymarket are exceptionally hard to find, combining location, cash flow, and long-term upside in one compelling package.
Haymarket is located in Virginia. Haymarket, Virginia has a population of 1,556. Haymarket is more family-centric than the surrounding county with 44.28% of the households containing married families with children. The county average for households married with children is 42.33%.
The median household income in Haymarket, Virginia is $133,750. The median household income for the surrounding county is $113,831 compared to the national median of $69,021. The median age of people living in Haymarket is 36.5 years.
The average high temperature in July is 86.9 degrees, with an average low temperature in January of 23.6 degrees. The average rainfall is approximately 43.3 inches per year, with 20.2 inches of snow per year.