120 Maple AveWelchWV24801
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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
Rental property for sale in Welch at 120 Maple Ave, Welch, WV, 24801 generates $1,149/mo in rent and, after a $710/mo payment, leaves $310/mo in cash flow. Total monthly income is $1,149/mo, and annual cash flow is $3,717/yr on $48,068 invested. Return on cash invested sits at 27.64% in year one, and rental yield is 9.51% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 143.81% and total cumulative return in cash sums $69,128. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,149/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24801, Welch, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,535 (100%) |
| Owner Occupied HU | 1,444 (57.0%) |
| Renter Occupied HU | 518 (20.4%) |
| Vacant Housing Units | 573 (22.6%) |
| Median Home Value | $64,513 |
| Average Home Value | $68,613 |
Housing Distribution
Address Breakdown
Residential
1,393
Single Family
1,282
Multi-Family
111
Businesses
202
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Listed by: Judy Nystrom • Zaferatos Real Estate
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90272
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.