11713 S Briar Patch Dr, Midlothian, VA, 23113 | $493/mo Cash Flow

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11713 S Briar Patch Dr, Midlothian, VA, 23113 | $493/mo Cash Flow | 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 11713 S Briar Patch Dr, Midlothian, VA, 23113 uses $91,163 cash to close to unlock $5,917/yr annual cash flow and $493/mo monthly cash flow. Total monthly income runs $2,137/mo, and a $1,346/mo payment keeps the spread at $493/mo. Purchase price stands at $275,000, and rental yield measures 9.33% with $2,137/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 137.41% and total cumulative return in cash records $125,267. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,137/mo property income covering a $1,346/mo payment rather than investor’s personal income.

Condo

Built in 1974

N/A lot

$N/A/sqft

No HOA

More details about the property

This updated 3 bedroom, 2.5 bath townhome is perfect for investors or anyone seeking a move in ready home. The stunning modern kitchen features stainless steel appliances, gas cooking, and luxury finishes. The open layout includes a spacious dining room and family room with a wood-burning fireplace and direct access to large rear deck, perfect for entertaining or relaxing. On the second floor, youll find the owners suite complete with large closet and an en suite. Additionally, there are 2 generously sized bedrooms a full bathroom and pull down attic for additional storage. The association offers a community pool, tennis courts and a dog park. The fee includes exterior and yard maintenance, water, sewer, snow and trash removal. Minutes away from everything including shopping, groceries and restaurants. The home is being sold fully furnished, making it truly turnkey. Just bring your suitcase and start enjoying your new home!

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