300/304 6th St EBelleWV25015
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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
Total monthly income runs $822/mo, and a $1,224/mo payment. Purchase price stands at $250,000, and rental yield measures 3.95% with $822/mo rent. Return on cash invested shows 10.86% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 53.85% and total cumulative return in cash records $44,626. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $822/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Multi Family
Built in 1933
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25015, Belle, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,928 (100%) |
| Owner Occupied HU | 1,154 (59.9%) |
| Renter Occupied HU | 477 (24.7%) |
| Vacant Housing Units | 297 (15.4%) |
| Median Home Value | $126,339 |
| Average Home Value | $178,438 |
Housing Distribution
Address Breakdown
Residential
1,802
Single Family
1,796
Multi-Family
6
Businesses
131
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Listed by: Christie Giompalo • REALTY EXCHANGE COMMERCIAL/RES
Mls Name: KVBR
Mls Provider:
Mls ID: #273937
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.