1108 Bolling StPetersburgVA23803
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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 Petersburg at 1108 Bolling St, Petersburg, VA, 23803 offers a 10.26% rental yield on a $258,800 purchase with $2,213/mo rent. Total monthly income registers $2,213/mo, and a $1,267/mo payment leaves $666/mo available for distribution. Annual cash flow reaches $7,988/yr on $85,792 to close, and return on cash invested stands at 29.22% in year one. Equity gained on principal adds $1,670/yr while 5% annual appreciation supports $71,502 over five years. Portfolio math shows five-year ROI at 152.5% and total cumulative return in cash at $130,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,213/mo property income against a $1,267/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1906
4,273 sqft 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: Artisha Gay • Century 21 Lifestyle
Mls Name: CVRMLS
Mls ID: #2526747