248 Springdale AveHuntingtonWV25705
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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
Rental property for sale in Huntington at 248 Springdale Ave, Huntington, WV, 25705 priced at $100,000 converts $965/mo rent into $381/mo cash flow after a $489/mo obligation. Total monthly income equals $965/mo, and annual cash flow totals $4,573/yr on $33,150 invested. Return on cash invested prints 33.7% in year one, and rental yield reads 11.58% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 176.52% and total cumulative return in cash sums $58,516. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $965/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1930
3,600 sqft 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
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Listed by: Melissa Lane • Century 21 Homes And Land
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #181233
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.