416 Clinton StPetersburgVA23803
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
Investment property for sale in Petersburg at 416 Clinton St, Petersburg, VA, 23803 at $239,999 posts ROI 32.99% with $867/mo cash flow from $2,302/mo rent. Total monthly income equals $2,302/mo, and annual cash flow records $10,404/yr on $79,560 to close. Return on cash invested measures 32.99% and rental yield reads 11.51% at the current $239,999. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,307 by year five. Five-year ROI prints 172.69% and total cumulative return in cash totals $137,390.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,302/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
8,864 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christy Bowman • Harris & Assoc, Inc
Mls Name: CVRMLS
Mls ID: #2526732