731 Blick 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
Rental property for sale in Petersburg at 731 Blick St, Petersburg, VA, 23803 priced at $208,000 pairs $1,562/mo rent with $319/mo cash flow after a $1,018/mo payment. Total monthly income equals $1,562/mo, and annual cash flow comes to $3,824/yr on $68,952 invested. Return on cash invested is 25.45% in year one, and rental yield stands at 9.01% on a $208,000 basis. Equity gained on principal adds $1,342/yr, and 5% annual appreciation accumulates to $57,467 by year five. Five-year ROI measures 132.32% and total cumulative return in cash reaches $91,236. For financing, Ziffy Mortgage’s DSCR program evaluates $1,562/mo property income against a $1,018/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
8,001 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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Listed by: Jennifer Velasco • EXP Realty LLC
Mls Name: CVRMLS
Mls ID: #2523401