2940 3rd AveHuntingtonWV25702
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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 2940 3rd Ave, Huntington, WV, 25702 listed at $179,900 pairs $1,409/mo rent with a $881/mo payment to leave $368/mo cash flow. Total monthly income runs $1,409/mo, and annual cash flow reaches $4,411/yr on $59,637 cash to close. Return on cash invested measures 27.31% in year one, and rental yield registers 9.4% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 141.99% and total cumulative return in cash totals $84,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,409/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25702, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,598 (100%) |
| Owner Occupied HU | 1,621 (45.1%) |
| Renter Occupied HU | 1,360 (37.8%) |
| Vacant Housing Units | 617 (17.1%) |
| Median Home Value | $90,231 |
| Average Home Value | $150,851 |
Housing Distribution
Address Breakdown
Residential
3,347
Single Family
3,154
Multi-Family
193
Businesses
240
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Listed by: Melissa Baker • Old Colony Realtors Huntington
Mls Name: HUNTMLS
Mls ID: #182964