Bristol 2 Plan, Wescott CondosMidlothianVA23112
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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
Rental property for sale in Midlothian at Bristol 2 Plan, Wescott Condos, Midlothian, VA, 23112 priced at $319,950 converts $2,575/mo rent into $662/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,575/mo, and annual cash flow totals $7,949/yr on $106,063 invested. Return on cash invested prints 27.4% in year one, and rental yield reads 9.66% against a $319,950 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,396 by year five. Five-year ROI reaches 142.77% and total cumulative return in cash sums $151,427. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,575/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Condo
Built in 2024
N/A 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: Laura Ellis • HHHunt Homes
Mls Name: HHHunt Homes
Mls Provider:
Mls ID: #N/A