9 Jarratt CtPetersburgVA23803
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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 9 Jarratt Ct, Petersburg, VA, 23803 with 5% annual appreciation on a $120,000 basis while $1,523/mo rent supports operations. Total monthly income totals $1,523/mo and a $587/mo payment preserves $806/mo for cash returns. Annual cash flow comes to $9,672/yr on $39,780 deployed, and return on cash invested reaches 44.22% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 15.23%. Five-year ROI measures 232.93% and total cumulative return in cash totals $92,659.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,523/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1987
871.20 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: Michael Fant • First Choice Realty
Mls Name: CVRMLS
Mls ID: #2600569