223 W Locust DrBeckleyWV25801
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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 Beckley at 223 W Locust Dr, Beckley, WV, 25801 earns $915/mo cash flow from $1,682/mo rent with a $623/mo payment. Total monthly income totals $1,682/mo, and annual cash flow totals $10,986/yr on $42,167 capital. ROI tracks 45.96% on current figures, and rental yield reads 15.87% at a $127,200 purchase. Equity gained on principal adds $821/yr, and 5% annual appreciation supports $35,143 over five years. Five-year ROI reaches 242.41% and total cumulative return in cash sums $102,216. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,682/mo property income instead of your personal income.
Single Family
Built in 1947
5,227 sqft 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: David & Cyndie Chinn • ALTRUIST REALTY GROUP
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #93053
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.