806 Biggin Pond RdMidlothianVA23114
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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 806 Biggin Pond Rd, Midlothian, VA, 23114 with 5% annual appreciation on a $540,000 basis while $3,407/mo rent supports operations. Total monthly income totals $3,407/mo and a $2,643/mo payment preserves $179/mo for cash returns. Annual cash flow comes to $2,148/yr on $177,660 deployed, and return on cash invested reaches 21.27% in year one. Equity gained on principal adds $3,485/yr, and five-year appreciation sums $149,192 alongside rental yield of 7.57%. Five-year ROI measures 109.82% and total cumulative return in cash totals $195,098.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,407/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.30 Acres 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: Matthew Richardson • Providence Hill Real Estate
Mls Name: CVRMLS
Mls ID: #2524997