2918 Thomas 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
Investment property for sale in Huntington at 2918 Thomas Ave, Huntington, WV, 25705 uses $46,377 cash to close to unlock $16,443/yr annual cash flow and $1,370/mo monthly cash flow. Total monthly income runs $2,180/mo, and a $685/mo payment keeps the spread at $1,370/mo. Purchase price stands at $139,900, and rental yield measures 18.7% with $2,180/mo rent. Return on cash invested shows 55.36% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 292.52% and total cumulative return in cash records $135,663. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,180/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.28 Acres 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: Jamie Sprigle • Old Colony
Mls Name: KVBR
Mls ID: #280141