1203 9th AveHuntingtonWV25701
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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 Huntington at 1203 9th Ave, Huntington, WV, 25701 uses $49,394 cash to close to unlock $3,758/yr annual cash flow and $313/mo monthly cash flow. Total monthly income runs $1,175/mo, and a $729/mo payment keeps the spread at $313/mo. Purchase price stands at $149,000, and rental yield measures 9.46% with $1,175/mo rent. Return on cash invested shows 27.52% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 143.2% and total cumulative return in cash records $70,732. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,175/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1908
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25701, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,236 (100%) |
| Owner Occupied HU | 5,283 (43.2%) |
| Renter Occupied HU | 4,668 (38.1%) |
| Vacant Housing Units | 2,285 (18.7%) |
| Median Home Value | $188,232 |
| Average Home Value | $228,350 |
Housing Distribution
Address Breakdown
Residential
11,171
Single Family
8,870
Multi-Family
2,301
Businesses
1,125
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Listed by: Bill Owens • Castle Realty
Mls Name: HUNTMLS
Mls ID: #179380