228 1st AveMarlintonWV24954
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
Investment property for sale in Marlinton at 228 1st Ave, Marlinton, WV, 24954 listed at $329,500 pairs $2,114/mo rent with a $1,613/mo payment to leave $207/mo cash flow. Total monthly income runs $2,114/mo, and annual cash flow reaches $2,486/yr on $109,229 cash to close. Return on cash invested measures 22.19% in year one, and rental yield registers 7.7% at a $329,500 basis. Equity gained on principal adds $2,126/yr, and annual property appreciation at 5% supports $91,035 by year five. Five-year ROI tracks 114.56% and total cumulative return in cash totals $125,134. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,114/mo property income relative to a $1,613/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24954, Marlinton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,098 (100%) |
| Owner Occupied HU | 1,114 (53.1%) |
| Renter Occupied HU | 299 (14.3%) |
| Vacant Housing Units | 685 (32.7%) |
| Median Home Value | $154,209 |
| Average Home Value | $194,069 |
Housing Distribution
Address Breakdown
Residential
1,584
Single Family
1,568
Multi-Family
16
Businesses
180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl D. Dean • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls ID: #25-1279