42 N Old Church StPetersburgVA23803
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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 42 N Old Church St, Petersburg, VA, 23803 at $100,000 posts ROI 26.27% with $176/mo cash flow from $773/mo rent. Total monthly income equals $773/mo, and annual cash flow records $2,108/yr on $33,150 to close. Return on cash invested measures 26.27% and rental yield reads 9.28% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 136.7% and total cumulative return in cash totals $45,316.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $773/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
N/A 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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Listed by: Debra Russell • Century 21 Colonial Realty
Mls Name: CVRMLS
Mls ID: #2520484