2441 3rd AveNitroWV25143
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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 Nitro at 2441 3rd Ave, Nitro, WV, 25143 earns $837/mo cash flow from $1,988/mo rent with a $974/mo payment. Total monthly income totals $1,988/mo, and annual cash flow totals $10,039/yr on $65,969 capital. ROI tracks 35.13% on current figures, and rental yield reads 11.99% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 183.95% and total cumulative return in cash sums $121,350. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,988/mo property income instead of your personal income.
Single Family
Built in N/A
1.32 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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Listed by: Drema Davis • Old Colony
Mls Name: KVBR
Mls ID: #279416