283 High StHuntingtonWV25704
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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 Huntington at 283 High St, Huntington, WV, 25704 uses $34,774 cash to close to unlock $4,230/yr annual cash flow and $352/mo monthly cash flow. Total monthly income runs $959/mo, and a $513/mo payment keeps the spread at $352/mo. Purchase price stands at $104,900, and rental yield measures 10.97% with $959/mo rent. Return on cash invested shows 32.07% in year one, and 5% annual appreciation builds toward $28,982 over five years. Five-year ROI reaches 167.59% and total cumulative return in cash records $58,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $959/mo property income covering a $513/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25704, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,281 (100%) |
| Owner Occupied HU | 3,950 (54.3%) |
| Renter Occupied HU | 2,242 (30.8%) |
| Vacant Housing Units | 1,089 (15.0%) |
| Median Home Value | $150,397 |
| Average Home Value | $165,747 |
Housing Distribution
Address Breakdown
Residential
6,899
Single Family
6,591
Multi-Family
308
Businesses
356
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Listed by: Lisa Fischer • Next Move Realty
Mls Name: HUNTMLS
Mls ID: #182155