14819 Rankin DrMidlothianVA23112
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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 14819 Rankin Dr, Midlothian, VA, 23112 offers a 7.24% rental yield on a $697,000 purchase with $4,208/mo rent. 82% in year one. Equity gained on principal adds $4,498/yr while 5% annual appreciation supports $192,568 over five years. Portfolio math shows five-year ROI at 102.21% and total cumulative return in cash at $234,370. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,208/mo property income against a $3,411/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
9,112 sqft lot
$N/A/sqft
$263 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23112, Midlothian, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,731 (100%) |
| Owner Occupied HU | 16,951 (78.0%) |
| Renter Occupied HU | 4,258 (19.6%) |
| Vacant Housing Units | 522 ( 2.4%) |
| Median Home Value | $401,387 |
| Average Home Value | $467,228 |
Housing Distribution
Address Breakdown
Residential
22,511
Single Family
20,955
Multi-Family
1,556
Businesses
1,626
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Listed by: Ronald Evans • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2423174
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.