16037 Aspect WayMidlothianVA23113
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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 16037 Aspect Way, Midlothian, VA, 23113 generates $3,292/mo in rent, after a $3,076/mo payment. Total monthly income is $3,292/mo. Return on cash invested sits at 15.85% in year one, and rental yield is 6.29% on a $628,490 entry. Equity gained on principal adds $4,056/yr, while 5% annual appreciation builds toward $173,640 over five years. Five-year ROI reaches 81.31% and total cumulative return in cash sums $168,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,292/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
$261 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23113, Midlothian, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,751 (100%) |
| Owner Occupied HU | 8,814 (75.0%) |
| Renter Occupied HU | 2,372 (20.2%) |
| Vacant Housing Units | 565 ( 4.8%) |
| Median Home Value | $603,089 |
| Average Home Value | $631,507 |
Housing Distribution
Address Breakdown
Residential
11,144
Single Family
10,064
Multi-Family
1,080
Businesses
1,581
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Listed by: Melony Fuller • HHHunt Realty Inc
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2526080
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 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.