1909 Ohio StBluefieldWV24701
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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 Bluefield at 1909 Ohio St, Bluefield, WV, 24701 uses $47,902 cash to close to unlock $2,210/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $707/mo payment keeps the spread at $184/mo. Purchase price stands at $144,500, and rental yield measures 8.47% with $1,020/mo rent. Return on cash invested shows 24.52% in year one, and 5% annual appreciation builds toward $39,923 over five years. Five-year ROI reaches 127.15% and total cumulative return in cash records $60,907. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $707/mo payment rather than investor’s personal income.
Single Family
Built in 1956
7,013 sqft 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
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Listed by: KATHY WILLIAMS • COLDWELL BANKER HENDRICK REAL ESTATE
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55408