121 Old Mill RdBeckleyWV25801
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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 Beckley at 121 Old Mill Rd, Beckley, WV, 25801 priced at $199,900 converts $1,380/mo rent into $224/mo cash flow after a $978/mo obligation. Total monthly income equals $1,380/mo, and annual cash flow totals $2,685/yr on $66,267 invested. Return on cash invested prints 23.96% in year one, and rental yield reads 8.28% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 124.04% and total cumulative return in cash sums $82,201. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,380/mo property income covering a $978/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
2.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25801, Beckley, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,528 (100%) |
| Owner Occupied HU | 9,283 (56.2%) |
| Renter Occupied HU | 4,911 (29.7%) |
| Vacant Housing Units | 2,334 (14.1%) |
| Median Home Value | $177,711 |
| Average Home Value | $226,094 |
Housing Distribution
Address Breakdown
Residential
13,696
Single Family
13,038
Multi-Family
658
Businesses
1,370
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Listed by: Pj Short • ALTRUIST REALTY GROUP
Mls Name: All West Virginia MLS
Mls ID: #91193