16041 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 16041 Aspect Way, Midlothian, VA, 23113 generates $3,997/mo in rent, after a $3,891/mo payment. Total monthly income is $3,997/mo. Return on cash invested sits at 16.6% in year one, and rental yield is 6.03% on a $795,030 entry. Equity gained on principal adds $5,130/yr, while 5% annual appreciation builds toward $219,652 over five years. Five-year ROI reaches 84.76% and total cumulative return in cash sums $221,707. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,997/mo property income rather than buyer’s personal income.
Townhouse
Built in 2026
N/A lot
$N/A/sqft
No 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 ID: #2601646