116 8th StHuntingtonWV25705
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 Huntington at 116 8th St, Huntington, WV, 25705 uses $35,636 cash to close to unlock $2,798/yr annual cash flow and $233/mo monthly cash flow. Total monthly income runs $855/mo, and a $526/mo payment keeps the spread at $233/mo. Purchase price stands at $107,500, and rental yield measures 9.54% with $855/mo rent. Return on cash invested shows 27.76% in year one, and 5% annual appreciation builds toward $29,700 over five years. Five-year ROI reaches 144.55% and total cumulative return in cash records $51,511. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $855/mo property income covering a $526/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25705, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,092 (100%) |
| Owner Occupied HU | 5,587 (55.4%) |
| Renter Occupied HU | 3,437 (34.1%) |
| Vacant Housing Units | 1,068 (10.6%) |
| Median Home Value | $197,117 |
| Average Home Value | $249,451 |
Housing Distribution
Address Breakdown
Residential
9,587
Single Family
9,039
Multi-Family
548
Businesses
401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Blake Davis • Cornerstone Realty, LLC
Mls Name: KVBR
Mls ID: #280433