112 S Plains DrPetersburgVA23805
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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 112 S Plains Dr, Petersburg, VA, 23805 at $215,000 posts ROI 28.48% with $509/mo cash flow from $1,794/mo rent. Total monthly income equals $1,794/mo, and annual cash flow records $6,109/yr on $71,273 to close. Return on cash invested measures 28.48% and rental yield reads 10.01% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 148.6% and total cumulative return in cash totals $105,913.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,794/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23805, Petersburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,347 (100%) |
| Owner Occupied HU | 5,297 (56.7%) |
| Renter Occupied HU | 3,358 (35.9%) |
| Vacant Housing Units | 692 ( 7.4%) |
| Median Home Value | $258,452 |
| Average Home Value | $302,866 |
Housing Distribution
Address Breakdown
Residential
9,096
Single Family
7,427
Multi-Family
1,669
Businesses
687
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Listed by: Bruce Richardson • Virginia Capital Realty
Mls Name: CVRMLS
Mls ID: #2522509