For SaleExcellent Deal10 days on market
654 Confederate Ave
654 Confederate Ave, Petersburg, VA 23803, Petersburg, VA 23803
$129,000
Listing Price
654 Confederate Ave, Petersburg, VA 23803
Loc: Petersburg, VA
Days Listed
10
Tax Assessed
$99k
Lot Size
0.40 acres
Rent Estimate
$1,539/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
1
Pleasants Lane elementary
K-5
0.8 mi away
1
Vernon Johns Middle School
6-8
2.8 mi away
2
Petersburg High School
9-12
2.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storyvinyl sidingcozycovered porchlarge yardresidentialsuburbanlandscapedgabled roofmature treeswell-maintainedtraditional
Haven AI Verdict
Recommendation
Excellent
Confidence Score: 10/10
Strong rental demand expected in this area (98% occupancy rate).
Turnkey property requiring minimal initial CapEx.
Cap Rate
9.46%
Total ROI
164.5%
Cash Flow
$348/mo
DSCR
1.52
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $348/mo net cash flow with a 9.5% cap rate. Underwriting indicates excellent fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (9.5%)
- • Strong rental demand in Petersburg
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Listed for sale | $129,000 | $130 |
| 1987-09-04 | Sold | $34,950 | $35 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,259.84 | $99,200 |
| 2024 | $1,259.84 | $99,200 |
| 2023 | $993.14 | $78,200 |
| 2022 | $1,055.7 | $78,200 |
| 2021 | $0 | $78,200 |
| 2020 | $0 | $78,200 |
| 2018 | $1,004.4 | $74,400 |
| 2016 | $1,004.4 | $0 |
| 2015 | $1,004.4 | $0 |
| 2014 | $1,004.4 | $0 |
| 2013 | $753.3 | $0 |
| 2001 | $0 | $44,400 |
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