6454 Midday LnMechanicsvilleVA23111
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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 Mechanicsville at 6454 Midday Ln, Mechanicsville, VA, 23111 earns $70/mo cash flow from $2,908/mo rent with a $2,324/mo payment. Total monthly income totals $2,908/mo, and annual cash flow totals $834/yr on $157,429 capital. ROI tracks 20.44% on current figures, and rental yield reads 7.35% at a $474,900 purchase. Equity gained on principal adds $3,064/yr, and 5% annual appreciation supports $131,206 over five years. Five-year ROI reaches 105.41% and total cumulative return in cash sums $165,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,908/mo property income instead of your personal income.
Single Family
Built in 2003
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23111, Mechanicsville, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,493 (100%) |
| Owner Occupied HU | 12,596 (76.4%) |
| Renter Occupied HU | 3,426 (20.8%) |
| Vacant Housing Units | 471 ( 2.9%) |
| Median Home Value | $366,412 |
| Average Home Value | $402,769 |
Housing Distribution
Address Breakdown
Residential
15,741
Single Family
14,906
Multi-Family
835
Businesses
1,070
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Listed by: Denise Matthews • A Passion For Property Real Estate
Mls Name: My State MLS
Mls ID: #11536415