229 Spring DrHuntingtonWV25705
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 Huntington at 229 Spring Dr, Huntington, WV, 25705 generates $2,904/mo in rent, after a $2,668/mo payment. Total monthly income is $2,904/mo. Return on cash invested sits at 18.39% in year one, and rental yield is 6.39% on a $545,000 entry. Equity gained on principal adds $3,517/yr, while 5% annual appreciation builds toward $150,573 over five years. Five-year ROI reaches 94.14% and total cumulative return in cash sums $168,804. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,904/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25705, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,092 (100%) |
| Owner Occupied HU | 5,587 (55.4%) |
| Renter Occupied HU | 3,437 (34.1%) |
| Vacant Housing Units | 1,068 (10.6%) |
| Median Home Value | $197,117 |
| Average Home Value | $249,451 |
Housing Distribution
Address Breakdown
Residential
9,587
Single Family
9,039
Multi-Family
548
Businesses
401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Parker Ward • Realty Advantage
Mls Name: HUNTMLS
Mls ID: #182823