7706 Northern Dancer CtMidlothianVA23112
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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 7706 Northern Dancer Ct, Midlothian, VA, 23112 earns $222/mo cash flow from $2,762/mo rent with a $2,080/mo payment. Total monthly income totals $2,762/mo, and annual cash flow totals $2,659/yr on $140,888 capital. ROI tracks 21.8% on current figures, and rental yield reads 7.8% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 112.69% and total cumulative return in cash sums $158,765. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,762/mo property income instead of your personal income.
Single Family
Built in 1992
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23112, Midlothian, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,731 (100%) |
| Owner Occupied HU | 16,951 (78.0%) |
| Renter Occupied HU | 4,258 (19.6%) |
| Vacant Housing Units | 522 ( 2.4%) |
| Median Home Value | $401,387 |
| Average Home Value | $467,228 |
Housing Distribution
Address Breakdown
Residential
22,511
Single Family
20,955
Multi-Family
1,556
Businesses
1,626
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Listed by: James Strum • Long & Foster REALTORS
Mls Name: CVRMLS
Mls ID: #2533129