1006 Main StPoint PleasantWV25550
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Point Pleasant at 1006 Main St, Point Pleasant, WV, 25550 uses $65,306 cash to close to unlock $5,200/yr annual cash flow and $433/mo monthly cash flow. Total monthly income runs $1,573/mo, and a $964/mo payment keeps the spread at $433/mo. Purchase price stands at $197,000, and rental yield measures 9.58% with $1,573/mo rent. Return on cash invested shows 27.87% in year one, and 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 145.06% and total cumulative return in cash records $94,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,573/mo property income covering a $964/mo payment rather than investor’s personal income.
Single Family
Built in N/A
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25550, Point Pleasant, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,148 (100%) |
| Owner Occupied HU | 2,636 (63.5%) |
| Renter Occupied HU | 1,013 (24.4%) |
| Vacant Housing Units | 499 (12.0%) |
| Median Home Value | $138,962 |
| Average Home Value | $187,077 |
Housing Distribution
Address Breakdown
Residential
3,860
Single Family
3,607
Multi-Family
253
Businesses
360
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Kathryn Pyles • The Angie Zimmerman Realty Group
Mls Name: KVBR
Mls ID: #279951