121 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 121 S Plains Dr, Petersburg, VA, 23805 with 5% annual appreciation on a $319,000 basis while $2,578/mo rent supports operations. Total monthly income totals $2,578/mo and a $1,561/mo payment preserves $671/mo for cash returns. Annual cash flow comes to $8,057/yr on $105,749 deployed, and return on cash invested reaches 27.53% in year one. Equity gained on principal adds $2,058/yr, and five-year appreciation sums $88,134 alongside rental yield of 9.7%. Five-year ROI measures 143.44% and total cumulative return in cash totals $151,681.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,578/mo property income versus a $1,561/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.31 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: #2526625