








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 16142 Garston Ln, Midlothian, VA, 23112 offers a 5.16% rental yield on a $1,550,000 purchase with $6,659/mo rent. 77% in year one. Equity gained on principal adds $10,002/yr while 5% annual appreciation supports $428,236 over five years. Portfolio math shows five-year ROI at 69.66% and total cumulative return in cash at $349,813. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,659/mo property income against a $7,586/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
0.93 Acres lot
$N/A/sqft
$375 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 |
|---|---|---|
| 2025-07-15 | Sold | $1,550,000 |
| 2025-06-19 | Pending sale | $1,580,000 |
| 2025-05-19 | Listed for sale | $1,580,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $12786.30 | 11.91% | $1,420,700 | 13.16% |
| 2023-10-17 | $11425.06 | 2.52% | $1,255,500 | 3.65% |
| 2022-10-17 | $11143.96 | 5.68% | $1,211,300 | 9.13% |



What's Special
Walk-In
Listed by: Cabell Childress • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2512745
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.