2922 Piedmont RdHuntingtonWV25704
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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 2922 Piedmont Rd, Huntington, WV, 25704 earns $309/mo cash flow from $1,643/mo rent with a $1,128/mo payment. Total monthly income totals $1,643/mo, and annual cash flow totals $3,714/yr on $76,411 capital. ROI tracks 24.77% on current figures, and rental yield reads 8.55% at a $230,500 purchase. Equity gained on principal adds $1,487/yr, and 5% annual appreciation supports $63,683 over five years. Five-year ROI reaches 128.41% and total cumulative return in cash sums $98,120. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,643/mo property income instead of your personal income.
Single Family
Built in 1921
5,227 sqft 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: Lorre Wilson • Re/Max Clarity
Mls Name: HUNTMLS
Mls ID: #182146