1196 Old Bluefield RdPrincetonWV24740
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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 1196 Old Bluefield Rd, Princeton, WV, 24740 earns $449/mo cash flow from $1,663/mo rent with a $1,027/mo payment. Total monthly income totals $1,663/mo, and annual cash flow totals $5,386/yr on $69,582 capital. ROI tracks 27.65% on current figures, and rental yield reads 9.51% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 143.81% and total cumulative return in cash sums $100,064. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,663/mo property income instead of your personal income.
Single Family
Built in 1925
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24740, Princeton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,005 (100%) |
| Owner Occupied HU | 4,356 (54.4%) |
| Renter Occupied HU | 2,671 (33.4%) |
| Vacant Housing Units | 978 (12.2%) |
| Median Home Value | $148,519 |
| Average Home Value | $163,699 |
Housing Distribution
Address Breakdown
Residential
7,351
Single Family
6,828
Multi-Family
523
Businesses
864
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Listed by: Angelina Cross • WV MOUNTAINEER REAL ESTATE
Mls Name: All West Virginia MLS
Mls ID: #92762