566 Abbey Village CirMidlothianVA23114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Midlothian at 566 Abbey Village Cir, Midlothian, VA, 23114 offers $3,398/mo rent that, after a $2,043/mo payment, leaves $767/mo cash flow. Total monthly income is $3,398/mo, and annual cash flow is $9,201/yr on $138,401 cash. Return on cash invested measures 26.56% in year one, and rental yield stands at 9.77% at a $417,500 entry. Equity gained on principal adds $2,694/yr while 5% annual appreciation compounds into $115,348 by year five. Five-year ROI records 138.63% and total cumulative return in cash reaches $191,870. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,398/mo property income versus a $2,043/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2011
3,005 sqft lot
$N/A/sqft
$136 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shilpi Golia • Richmond Virginia Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2507973
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.