2324 Monroe AveSaint AlbansWV25177
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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 Saint Albans at 2324 Monroe Ave, Saint Albans, WV, 25177 offers a 7.9% rental yield on a $228,700 purchase with $1,506/mo rent. Total monthly income registers $1,506/mo, and a $1,119/mo payment leaves $183/mo available for distribution. Annual cash flow reaches $2,197/yr on $75,814 to close, and return on cash invested stands at 22.81% in year one. Equity gained on principal adds $1,476/yr while 5% annual appreciation supports $63,186 over five years. Portfolio math shows five-year ROI at 117.91% and total cumulative return in cash at $89,395. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,506/mo property income against a $1,119/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25177, Saint Albans, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,166 (100%) |
| Owner Occupied HU | 7,085 (63.5%) |
| Renter Occupied HU | 2,718 (24.3%) |
| Vacant Housing Units | 1,363 (12.2%) |
| Median Home Value | $149,284 |
| Average Home Value | $183,971 |
Housing Distribution
Address Breakdown
Residential
10,279
Single Family
10,142
Multi-Family
137
Businesses
667
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Nearby investment properties with comparable prices
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