1 Courthouse PrincePetersburgVA23803
Nearby investment properties with comparable rents
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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
Rental property for sale in Petersburg at 1 Courthouse Prince, Petersburg, VA, 23803 offers $1,914/mo rent that, after a $1,933/mo payment. Total monthly income is $1,914/mo. Return on cash invested measures 15.81% in year one, and rental yield stands at 5.81% at a $394,990 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,128 by year five. Five-year ROI records 80.62% and total cumulative return in cash reaches $105,567. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,914/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23803, Petersburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,617 (100%) |
| Owner Occupied HU | 9,006 (43.7%) |
| Renter Occupied HU | 9,090 (44.1%) |
| Vacant Housing Units | 2,521 (12.2%) |
| Median Home Value | $254,043 |
| Average Home Value | $308,082 |
Housing Distribution
Address Breakdown
Residential
19,287
Single Family
16,903
Multi-Family
2,384
Businesses
1,055
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Listed by: John Thiel • Long & Foster REALTORS
Mls Name: Long & Foster Broker Feed
Mls Provider:
Mls ID: #2510615
Disclaimer: Listing information is deemed reliable, but not guaranteed.