14352 Altavista BlvdMidlothianVA23114
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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 Midlothian at 14352 Altavista Blvd, Midlothian, VA, 23114 offers a 7.32% rental yield on a $509,950 purchase with $3,109/mo rent. Total monthly income registers $3,109/mo, and a $2,496/mo payment leaves $61/mo available for distribution. Annual cash flow reaches $727/yr on $167,774 to close, and return on cash invested stands at 20.49% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,890 over five years. Portfolio math shows five-year ROI at 105.67% and total cumulative return in cash at $177,288. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,109/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2021
2,661 sqft lot
$N/A/sqft
No 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: Ashley Silveira • Real Broker LLC
Mls Name: CVRMLS
Mls ID: #2531625