11763 N Briar Patch DrMidlothianVA23113
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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 11763 N Briar Patch Dr, Midlothian, VA, 23113 uses $91,129 cash to close to unlock $8,594/yr annual cash flow and $716/mo monthly cash flow. Total monthly income runs $2,359/mo, and a $1,346/mo payment keeps the spread at $716/mo. Purchase price stands at $274,900, and rental yield measures 10.3% with $2,359/mo rent. Return on cash invested shows 29.34% in year one, and 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 153.18% and total cumulative return in cash records $139,587. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,359/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
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 |
Housing Distribution
Address Breakdown
Residential
11,144
Single Family
10,064
Multi-Family
1,080
Businesses
1,581
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Listed by: Sam Miliotis • The SSAM Agency
Mls Name: CVRMLS
Mls ID: #2529508