119 Long StJonbenWV25823
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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 Jonben at 119 Long St, Jonben, WV, 25823 uses $56,322 cash to close to unlock $3,726/yr annual cash flow and $311/mo monthly cash flow. Total monthly income runs $1,294/mo, and a $832/mo payment keeps the spread at $311/mo. Purchase price stands at $169,900, and rental yield measures 9.14% with $1,294/mo rent. Return on cash invested shows 26.52% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 137.83% and total cumulative return in cash records $77,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,294/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25823, Coal City, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 719 (100%) |
| Owner Occupied HU | 567 (78.9%) |
| Renter Occupied HU | 105 (14.6%) |
| Vacant Housing Units | 47 ( 6.5%) |
| Median Home Value | $143,490 |
| Average Home Value | $172,434 |
Housing Distribution
Address Breakdown
Residential
112
Single Family
112
Multi-Family
0
Businesses
26
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Listed by: Lisa Armes • ARMES REAL ESTATE & LAND COMPANY INC.
Mls Name: Beckley BOR
Mls ID: #92942