130 Avenda LnMidlothianVA23114
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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
Rental property for sale in Midlothian at 130 Avenda Ln, Midlothian, VA, 23114 priced at $424,950 pairs $3,317/mo rent with $594/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,317/mo, and annual cash flow comes to $7,124/yr on $140,871 invested. Return on cash invested is 24.97% in year one, and rental yield stands at 9.37% on a $424,950 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,406 by year five. Five-year ROI measures 130.25% and total cumulative return in cash reaches $183,481. For financing, Ziffy Mortgage’s DSCR program evaluates $3,317/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2024
N/A lot
$N/A/sqft
$183 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23114, Midlothian, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,470 (100%) |
| Owner Occupied HU | 7,040 (67.2%) |
| Renter Occupied HU | 2,981 (28.5%) |
| Vacant Housing Units | 449 ( 4.3%) |
| Median Home Value | $416,240 |
| Average Home Value | $446,833 |
Housing Distribution
Address Breakdown
Residential
9,720
Single Family
8,116
Multi-Family
1,604
Businesses
355
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Listed by: Stephanie Harding • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2412814
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2023 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.