1607 Headwaters RdMidlothianVA23113
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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 1607 Headwaters Rd, Midlothian, VA, 23113 offers a 6.75% rental yield on a $415,900 purchase with $2,340/mo rent. 63% in year one. Equity gained on principal adds $2,684/yr while 5% annual appreciation supports $114,906 over five years. Portfolio math shows five-year ROI at 95.74% and total cumulative return in cash at $131,992. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,340/mo property income against a $2,036/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
10,759 sqft 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: Steve Sawyer • NextHome Integrity Realty
Mls Name: CVRMLS
Mls ID: #2524733