164 Elgin AveBeckleyWV25801
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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 164 Elgin Ave, Beckley, WV, 25801 offers $2,237/mo rent that, after a $1,272/mo payment, leaves $733/mo cash flow. Total monthly income is $2,237/mo, and annual cash flow is $8,799/yr on $86,157 cash. Return on cash invested measures 30.12% in year one, and rental yield stands at 10.33% at a $259,900 entry. Equity gained on principal adds $1,677/yr while 5% annual appreciation compounds into $71,806 by year five. Five-year ROI records 157.11% and total cumulative return in cash reaches $135,358. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,237/mo property income versus a $1,272/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.75 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: N/A • N/A
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