2971 Merrill AveHuntingtonWV25702
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 2971 Merrill Ave, Huntington, WV, 25702 in Huntington fits: $329,900, 3.47% gross yield, and a projected 5% annual appreciation rate adding $91,145 in value within five years. Rental yield 3.47%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.64) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,038/yr in principal paydown and $91,145 in appreciation project a total return of $63,163.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.5% | 5.8% |
| Monthly Cash Flow | $(954) | $450 |
City averages based on Huntington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $955 |
| Total Monthly Debt Service | $1,778 |
| DSCR Ratio | 0.54x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
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
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
Single Family
Built in 2025
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Preston Cole • Property Professionals
Mls Name: HUNTMLS
Mls ID: #182544