2711 Salisbury RdMidlothianVA23113
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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 2711 Salisbury Rd, Midlothian, VA, 23113 uses $191,511 cash to close to unlock $1,493/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $3,612/mo, and a $2,849/mo payment keeps the spread at $124/mo. Purchase price stands at $582,100, and rental yield measures 7.45% with $3,612/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $160,824 over five years. Five-year ROI reaches 107.55% and total cumulative return in cash records $205,964. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,612/mo property income covering a $2,849/mo payment rather than investor’s personal income.
Single Family
Built in 1967
1.01 Acres lot
$N/A/sqft
$8 monthly 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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