219 That WayMidlothianVA23114
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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 219 That Way, Midlothian, VA, 23114 earns $105/mo cash flow from $2,782/mo rent with a $2,192/mo payment. Total monthly income totals $2,782/mo, and annual cash flow totals $1,259/yr on $148,441 capital. ROI tracks 20.76% on current figures, and rental yield reads 7.46% at a $447,786 purchase. Equity gained on principal adds $2,889/yr, and 5% annual appreciation supports $123,715 over five years. Five-year ROI reaches 107.09% and total cumulative return in cash sums $158,971. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,782/mo property income instead of your personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No 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: Nikki Axman • Providence Hill Real Estate
Mls Name: CVRMLS
Mls ID: #2600939