224 W Main StBelleWV25015
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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 Belle at 224 W Main St, Belle, WV, 25015 uses $49,725 cash to close to unlock $3,627/yr annual cash flow and $302/mo monthly cash flow. Total monthly income runs $1,170/mo, and a $734/mo payment keeps the spread at $302/mo. Purchase price stands at $150,000, and rental yield measures 9.36% with $1,170/mo rent. Return on cash invested shows 27.2% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 141.5% and total cumulative return in cash records $70,362. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,170/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1950
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25015, Belle, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,154 (59.9%) |
| Renter Occupied HU | 477 (24.7%) |
| Vacant Housing Units | 297 (15.4%) |
| Median Home Value | $126,339 |
| Average Home Value | $178,438 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,796
Multi-Family
6
Businesses
131
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Listed by: Pam S. Hylbert-Eder • Pam Hylbert Properties
Mls Name: KVBR
Mls Provider:
Mls ID: #277538
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.