2981 Merrill 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 2981 Merrill Ave, Huntington, WV, 25702 with 5% annual appreciation on a $113,800 basis while $2,408/mo rent supports operations. Total monthly income totals $2,408/mo and a $557/mo payment preserves $1,707/mo for cash returns. Annual cash flow comes to $20,489/yr on $37,725 deployed, and return on cash invested reaches 74.22% in year one. Equity gained on principal adds $734/yr, and five-year appreciation sums $31,441 alongside rental yield of 25.39%. Five-year ROI measures 394.13% and total cumulative return in cash totals $148,685.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,408/mo property income versus a $557/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1922
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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