354 Myrtle DrPetersburgVA23803
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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 354 Myrtle Dr, Petersburg, VA, 23803 at $145,000 posts ROI 41.4% with $861/mo cash flow from $1,796/mo rent. Total monthly income equals $1,796/mo, and annual cash flow records $10,332/yr on $48,068 to close. Return on cash invested measures 41.4% and rental yield reads 14.86% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 218.43% and total cumulative return in cash totals $104,996.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,796/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23803, Petersburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,617 (100%) |
| Owner Occupied HU | 9,006 (43.7%) |
| Renter Occupied HU | 9,090 (44.1%) |
| Vacant Housing Units | 2,521 (12.2%) |
| Median Home Value | $254,043 |
| Average Home Value | $308,082 |
Housing Distribution
Address Breakdown
Residential
19,287
Single Family
16,903
Multi-Family
2,384
Businesses
1,055
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