2932 Thomas AveHuntingtonWV25705
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2932 Thomas Ave, Huntington, WV, 25705 generates $1,073/mo in rent and, after a $685/mo payment, leaves $263/mo in cash flow. Total monthly income is $1,073/mo, and annual cash flow is $3,158/yr on $46,410 invested. Return on cash invested sits at 26.71% in year one, and rental yield is 9.2% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 138.9% and total cumulative return in cash sums $64,462. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,073/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
3,484 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Louise Crum Goode • Keller Williams Realty Advantage
Mls Name: KVBR
Mls ID: #279938