223 Saunders RdBluefieldWV24701
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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 Bluefield at 223 Saunders Rd, Bluefield, WV, 24701 generates $1,020/mo in rent and, after a $549/mo payment, leaves $371/mo in cash flow. Total monthly income is $1,020/mo, and annual cash flow is $4,452/yr on $37,185 invested. Return on cash invested sits at 31.88% in year one, and rental yield is 10.91% on a $112,173 entry. Equity gained on principal adds $724/yr, while 5% annual appreciation builds toward $30,991 over five years. Five-year ROI reaches 166.51% and total cumulative return in cash sums $61,918. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A 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: Tiffany Lee • REALTY EXCHANGE, LLC
Mls Name: My State MLS
Mls ID: #11484285