19 Myrtle AvePetersburgWV26847
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 Petersburg at 19 Myrtle Ave, Petersburg, WV, 26847 offers $992/mo rent that, after a $759/mo payment, leaves $95/mo cash flow. Total monthly income is $992/mo, and annual cash flow is $1,138/yr on $51,383 cash. Return on cash invested measures 22.12% in year one, and rental yield stands at 7.68% at a $155,000 entry. Equity gained on principal adds $1,000/yr while 5% annual appreciation compounds into $42,824 by year five. Five-year ROI records 114.21% and total cumulative return in cash reaches $58,684. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $992/mo property income versus a $759/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1,886 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26847, Petersburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,150 (100%) |
| Owner Occupied HU | 1,995 (63.3%) |
| Renter Occupied HU | 807 (25.6%) |
| Vacant Housing Units | 348 (11.0%) |
| Median Home Value | $165,793 |
| Average Home Value | $210,321 |
Housing Distribution
Address Breakdown
Residential
2,729
Single Family
2,705
Multi-Family
24
Businesses
303
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Listed by: Kelli Riggleman • Potomac Valley Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #WVGT2001266