116 Oakhurst AveBluefieldWV24701
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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 Bluefield at 116 Oakhurst Ave, Bluefield, WV, 24701 at $399,000 posts ROI 7.62% with from $954/mo rent. Total monthly income equals $954/mo. Return on cash invested measures 7.62% and rental yield reads 2.87% at the current $399,000. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 by year five. Five-year ROI prints 36.43% and total cumulative return in cash totals $48,182. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $954/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24701, Bluefield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,115 (100%) |
| Owner Occupied HU | 5,568 (55.0%) |
| Renter Occupied HU | 2,734 (27.0%) |
| Vacant Housing Units | 1,813 (17.9%) |
| Median Home Value | $111,471 |
| Average Home Value | $151,349 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,668
Multi-Family
426
Businesses
776
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Nearby investment properties with comparable prices
Listed by: SARA BAKER • HOME BY HICKS & CO
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55560