1821 Petersburg StHopewellVA23860
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Hopewell at 1821 Petersburg St, Hopewell, VA, 23860 generates $2,468/mo in rent and, after a $1,415/mo payment, leaves $740/mo in cash flow. Total monthly income is $2,468/mo, and annual cash flow is $8,879/yr on $95,804 invested. Return on cash invested sits at 29.18% in year one, and rental yield is 10.25% on a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 152.25% and total cumulative return in cash sums $145,862. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,468/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23860, Hopewell, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,663 (100%) |
| Owner Occupied HU | 6,703 (52.9%) |
| Renter Occupied HU | 4,722 (37.3%) |
| Vacant Housing Units | 1,238 ( 9.8%) |
| Median Home Value | $212,882 |
| Average Home Value | $239,747 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,559
Multi-Family
554
Businesses
803
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Listed by: Josh Chappell • Prince George Realty
Mls Name: CVRMLS
Mls Provider:
Mls ID: #2530742
Disclaimer: All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listing s. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are 2025 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved.