123 Thoroughbred WayMiltonWV25541
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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 Milton at 123 Thoroughbred Way, Milton, WV, 25541 priced at $494,500 pairs $1,680/mo rent with after a $2,420/mo payment. Total monthly income equals $1,680/mo. Return on cash invested is 9.07% in year one, and rental yield stands at 4.08% on a $494,500 basis. Equity gained on principal adds $3,191/yr, and 5% annual appreciation accumulates to $136,621 by year five. Five-year ROI measures 45% and total cumulative return in cash reaches $73,773. For financing, Ziffy Mortgage’s DSCR program evaluates $1,680/mo property income against a $2,420/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.86 Acres lot
$N/A/sqft
$3,600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25541, Milton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,355 (100%) |
| Owner Occupied HU | 3,001 (68.9%) |
| Renter Occupied HU | 945 (21.7%) |
| Vacant Housing Units | 409 ( 9.4%) |
| Median Home Value | $209,550 |
| Average Home Value | $226,270 |
Housing Distribution
Address Breakdown
Residential
3,995
Single Family
3,942
Multi-Family
53
Businesses
242
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Listed by: Betty P. Sargent • Old Colony, REALTORS
Mls Name: KVBR
Mls Provider:
Mls ID: #274259
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.