14000 Briars Cir UNIT 203MidlothianVA23114
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors who value predictability will appreciate 14000 Briars Cir UNIT 203, Midlothian, VA, 23114 in Midlothian. At $295,000 it earns $2,603/mo in rent and distributes $365/mo to the owner after the $1,327/mo payment, a consistent 10.59% yield. DSCR 1.96 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $81,503 in value; $2,717/yr in principal paydown compounds ownership stake. Total projected return: $137,166.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.6% | 5.8% |
| Monthly Cash Flow | $365 | $1,850 |
City averages based on Midlothian market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,603 |
| Total Monthly Debt Service | $2,120 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2011
N/A lot
$N/A/sqft
$450 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2011
N/A lot
$N/A/sqft
$450 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judy Kilgour • Long & Foster REALTORS
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2515831
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.