Charlotte Plan, The Edge at Westchester Commons, Midlothian, VA, 23113 | 6.49% Rental Yield

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Charlotte Plan, The Edge at Westchester Commons, Midlothian, VA, 23113 | 6.49% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Midlothian at Charlotte Plan, The Edge at Westchester Commons, Midlothian, VA, 23113 earns from $3,217/mo rent with a $2,912/mo payment. Total monthly income totals $3,217/mo. ROI tracks 16.57% on current figures, and rental yield reads 6.49% at a $594,990 purchase. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,385 over five years. Five-year ROI reaches 85.17% and total cumulative return in cash sums $166,727. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,217/mo property income instead of your personal income.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

$229 monthly HOA

More details about the property

On the first floor of the Charlotte townhome, you will find a 2-car garage and a spacious rec room (or optional fourth bedroom). On the main floor, experience seamless, open concept living great for entertaining! Enjoy day-to-day in an open kitchen featuring a granite island, stainless steel appliances, and large pantry. Need more room? Add-on the optional enclosed deck, extending the main floor even more. On the third floor, enjoy the owner's suite with dual walk-in closets and private bath. Two additional bedrooms and full bathroom complete this three-level townhome. Last but not least, this home has a fourth floor, featuring a finished loft and spacious sky terrace with stunning views.

Neighborhood Data

Neighborhood data shown for ZIP Code: 23113, Midlothian, VA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,751 (100%)
Owner Occupied HU	8,814 (75.0%)
Renter Occupied HU	2,372 (20.2%)
Vacant Housing Units	565 ( 4.8%)
Median Home Value	$603,089
Average Home Value	$631,507