2233 3rd AveEast BankWV25067
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 East Bank at 2233 3rd Ave, East Bank, WV, 25067 generates $2,725/mo in rent and, after a $1,693/mo payment, leaves $653/mo in cash flow. Total monthly income is $2,725/mo, and annual cash flow is $7,841/yr on $114,690 invested. Return on cash invested sits at 26.75% in year one, and rental yield is 9.45% on a $345,973 entry. Equity gained on principal adds $2,233/yr, while 5% annual appreciation builds toward $95,586 over five years. Five-year ROI reaches 139.25% and total cumulative return in cash sums $159,706. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,725/mo property income rather than buyer’s personal income.
Single Family
Built in 1820
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25067, East Bank, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 414 (100%) |
| Owner Occupied HU | 301 (72.7%) |
| Renter Occupied HU | 81 (19.6%) |
| Vacant Housing Units | 32 ( 7.7%) |
| Median Home Value | $87,875 |
| Average Home Value | $123,447 |
Housing Distribution
Address Breakdown
Residential
5
Single Family
5
Multi-Family
0
Businesses
13
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Nearby investment properties with comparable prices
Listed by: Anthony Runyan • Runyan & Associates REALTORS
Mls Name: KVBR
Mls Provider:
Mls ID: #272163
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.