108 Norwood RdNitroWV25143
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 Nitro at 108 Norwood Rd, Nitro, WV, 25143 at $225,000 posts ROI 31.64% with $729/mo cash flow from $2,035/mo rent. Total monthly income equals $2,035/mo, and annual cash flow records $8,746/yr on $74,588 to close. Return on cash invested measures 31.64% and rental yield reads 10.85% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 165.21% and total cumulative return in cash totals $123,225.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,035/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25143, Nitro, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,284 (100%) |
| Owner Occupied HU | 2,428 (56.7%) |
| Renter Occupied HU | 1,351 (31.5%) |
| Vacant Housing Units | 505 (11.8%) |
| Median Home Value | $134,015 |
| Average Home Value | $185,139 |
Housing Distribution
Address Breakdown
Residential
3,916
Single Family
3,854
Multi-Family
62
Businesses
351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly Southers • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #278231
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.