206 Avenda LnMidlothianVA23114
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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 206 Avenda Ln, Midlothian, VA, 23114 with 5% annual appreciation on a $419,950 basis while $3,076/mo rent supports operations. Total monthly income totals $3,076/mo and a $2,055/mo payment preserves $383/mo for cash returns. Annual cash flow comes to $4,597/yr on $139,213 deployed, and return on cash invested reaches 23.21% in year one. Equity gained on principal adds $2,710/yr, and five-year appreciation sums $116,024 alongside rental yield of 8.79%. Five-year ROI measures 120.87% and total cumulative return in cash totals $168,267.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,076/mo property income versus a $2,055/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2024
1,742 sqft lot
$N/A/sqft
$183 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23114, Midlothian, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,470 (100%) |
| Owner Occupied HU | 7,040 (67.2%) |
| Renter Occupied HU | 2,981 (28.5%) |
| Vacant Housing Units | 449 ( 4.3%) |
| Median Home Value | $416,240 |
| Average Home Value | $446,833 |
Housing Distribution
Address Breakdown
Residential
9,720
Single Family
8,116
Multi-Family
1,604
Businesses
355
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Listed by: Stephanie Harding • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2405805
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.