








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Midlothian at 15830 W Millington Dr, Midlothian, VA, 23112 uses $205,625 cash to close to unlock $4,023/yr annual cash flow and $335/mo monthly cash flow. Total monthly income runs $4,158/mo, and a $3,059/mo payment keeps the spread at $335/mo. Purchase price stands at $625,000, and rental yield measures 7.98% with $4,158/mo rent. Return on cash invested shows 22.02% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 114.03% and total cumulative return in cash records $234,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,158/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 2022
0.28 Acres lot
$N/A/sqft
$260 quarterly HOA
Neighborhood data shown for ZIP Code: 23112, Midlothian, VA area.
| 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 |
Residential
22,511
Single Family
20,955
Multi-Family
1,556
Businesses
1,626
Date | Event | Price |
|---|---|---|
| 2024-11-06 | Price change | $625,000 |
| 2024-10-09 | Price change | $649,900 |
| 2024-10-03 | Price change | $679,890 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Brad Ruckart • Keller Williams Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2424418
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.