2220 Washington AveSaint AlbansWV25177
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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 Saint Albans at 2220 Washington Ave, Saint Albans, WV, 25177 uses $56,355 cash to close to unlock $8,309/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $1,676/mo, and a $832/mo payment keeps the spread at $692/mo. Purchase price stands at $170,000, and rental yield measures 11.83% with $1,676/mo rent. Return on cash invested shows 34.65% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 181.42% and total cumulative return in cash records $102,237. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,676/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1955
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25177, Saint Albans, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,166 (100%) |
| Owner Occupied HU | 7,085 (63.5%) |
| Renter Occupied HU | 2,718 (24.3%) |
| Vacant Housing Units | 1,363 (12.2%) |
| Median Home Value | $149,284 |
| Average Home Value | $183,971 |
Housing Distribution
Address Breakdown
Residential
10,279
Single Family
10,142
Multi-Family
137
Businesses
667
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Listed by: Angela Miller • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls ID: #281570