1153 Hemlock LnPrincetonWV24739
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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 Princeton at 1153 Hemlock Ln, Princeton, WV, 24739 offers a 7.84% rental yield on a $339,900 purchase with $2,221/mo rent. Total monthly income registers $2,221/mo, and a $1,664/mo payment leaves $254/mo available for distribution. Annual cash flow reaches $3,047/yr on $112,677 to close, and return on cash invested stands at 22.61% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 116.81% and total cumulative return in cash at $131,615. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,221/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24739, Oakvale, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,992 (100%) |
| Owner Occupied HU | 4,039 (67.4%) |
| Renter Occupied HU | 1,379 (23.0%) |
| Vacant Housing Units | 574 ( 9.6%) |
| Median Home Value | $165,415 |
| Average Home Value | $177,607 |
Housing Distribution
Address Breakdown
Residential
5,827
Single Family
5,785
Multi-Family
42
Businesses
208
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Listed by: The Christy Wood Team • Solutions Real Estate
Mls Name: All West Virginia MLS
Mls ID: #100046