228 Meadow Ridge DrPetersburgWV26847
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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 228 Meadow Ridge Dr, Petersburg, WV, 26847 listed at $275,000 pairs $1,936/mo rent with a $1,346/mo payment to leave $345/mo cash flow. Total monthly income runs $1,936/mo, and annual cash flow reaches $4,138/yr on $91,163 cash to close. Return on cash invested measures 24.45% in year one, and rental yield registers 8.45% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 126.66% and total cumulative return in cash totals $115,463. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,936/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
2.49 Acres 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: #WVGT2001294