231 Lee AveNitroWV25143
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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 Nitro at 231 Lee Ave, Nitro, WV, 25143 at $213,900 posts ROI 30.93% with $651/mo cash flow from $1,889/mo rent. Total monthly income equals $1,889/mo, and annual cash flow records $7,815/yr on $70,908 to close. Return on cash invested measures 30.93% and rental yield reads 10.6% at the current $213,900. Equity gained on principal adds $1,380/yr, and 5% annual appreciation supports $59,097 by year five. Five-year ROI prints 161.47% and total cumulative return in cash totals $114,496.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,889/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25143, Nitro, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,284 (100%) |
| Owner Occupied HU | 2,428 (56.7%) |
| Renter Occupied HU | 1,351 (31.5%) |
| Vacant Housing Units | 505 (11.8%) |
| Median Home Value | $134,015 |
| Average Home Value | $185,139 |
Housing Distribution
Address Breakdown
Residential
3,916
Single Family
3,854
Multi-Family
62
Businesses
351
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Nearby investment properties with comparable prices
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