1109 10th AveMarlintonWV24954
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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 Marlinton at 1109 10th Ave, Marlinton, WV, 24954 generates $2,188/mo in rent and, after a $1,463/mo payment, leaves $458/mo in cash flow. Total monthly income is $2,188/mo, and annual cash flow is $5,501/yr on $99,119 invested. Return on cash invested sits at 25.46% in year one, and rental yield is 8.78% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 132.11% and total cumulative return in cash sums $130,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,188/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24954, Marlinton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,098 (100%) |
| Owner Occupied HU | 1,114 (53.1%) |
| Renter Occupied HU | 299 (14.3%) |
| Vacant Housing Units | 685 (32.7%) |
| Median Home Value | $154,209 |
| Average Home Value | $194,069 |
Housing Distribution
Address Breakdown
Residential
1,584
Single Family
1,568
Multi-Family
16
Businesses
180
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Listed by: Kathleen Owens • Red Oak Realty
Mls Name: GVMLS
Mls ID: #24-490