1308 Larchmont StBluefieldWV24701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bluefield at 1308 Larchmont St, Bluefield, WV, 24701 offers a 22.89% rental yield on a $101,200 purchase with $1,930/mo rent. Total monthly income registers $1,930/mo, and a $495/mo payment leaves $1,323/mo available for distribution. Annual cash flow reaches $15,873/yr on $33,548 to close, and return on cash invested stands at 67.22% in year one. Equity gained on principal adds $653/yr while 5% annual appreciation supports $27,960 over five years. Portfolio math shows five-year ROI at 356.37% and total cumulative return in cash at $119,553. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,930/mo property income against a $495/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24701, Bluefield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,115 (100%) |
| Owner Occupied HU | 5,568 (55.0%) |
| Renter Occupied HU | 2,734 (27.0%) |
| Vacant Housing Units | 1,813 (17.9%) |
| Median Home Value | $111,471 |
| Average Home Value | $151,349 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,668
Multi-Family
426
Businesses
776
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A