13331 Garland LnMidlothianVA23114
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 Midlothian at 13331 Garland Ln, Midlothian, VA, 23114 earns $705/mo cash flow from $3,052/mo rent with a $1,832/mo payment. Total monthly income totals $3,052/mo, and annual cash flow totals $8,454/yr on $124,077 capital. ROI tracks 26.72% on current figures, and rental yield reads 9.78% at a $374,290 purchase. Equity gained on principal adds $2,415/yr, and 5% annual appreciation supports $103,409 over five years. Five-year ROI reaches 139.5% and total cumulative return in cash sums $173,084. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,052/mo property income instead of your personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$110 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: Martin Alloy • SM Brokerage LLC
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2425955
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.