534 Petty StPetersburgVA23805
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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 534 Petty St, Petersburg, VA, 23805 offers a 8.27% rental yield on a $449,900 purchase with $3,100/mo rent. Total monthly income registers $3,100/mo, and a $2,202/mo payment leaves $411/mo available for distribution. Annual cash flow reaches $4,927/yr on $149,142 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 120.28% and total cumulative return in cash at $179,386. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,100/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2026
9,378 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 23805, Petersburg, VA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,347 (100%) |
| Owner Occupied HU | 5,297 (56.7%) |
| Renter Occupied HU | 3,358 (35.9%) |
| Vacant Housing Units | 692 ( 7.4%) |
| Median Home Value | $258,452 |
| Average Home Value | $302,866 |
Housing Distribution
Address Breakdown
Residential
9,096
Single Family
7,427
Multi-Family
1,669
Businesses
687
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Listed by: Eileen Knode • Long & Foster REALTORS
Mls Name: CVRMLS
Mls ID: #2600530