2308 Edgeview LnMidlothianVA23113
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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 2308 Edgeview Ln, Midlothian, VA, 23113 earns from $3,659/mo rent with a $3,084/mo payment. Total monthly income totals $3,659/mo. ROI tracks 19.44% on current figures, and rental yield reads 6.97% at a $630,000 purchase. Equity gained on principal adds $4,065/yr, and 5% annual appreciation supports $174,057 over five years. Five-year ROI reaches 100.01% and total cumulative return in cash sums $207,298. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,659/mo property income instead of your personal income.
Single Family
Built in 1988
0.72 Acres 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: Brian Taylor • Liz Moore & Associates
Mls Name: CVRMLS
Mls ID: #2520498