303 E Prince StBeckleyWV25801
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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
Rental property for sale in Beckley at 303 E Prince St, Beckley, WV, 25801 priced at $129,000 converts $995/mo rent into $249/mo cash flow after a $631/mo obligation. Total monthly income equals $995/mo, and annual cash flow totals $2,988/yr on $42,764 invested. Return on cash invested prints 26.9% in year one, and rental yield reads 9.26% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 139.78% and total cumulative return in cash sums $59,773. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $995/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1927
1,197 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25801, Beckley, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,528 (100%) |
| Owner Occupied HU | 9,283 (56.2%) |
| Renter Occupied HU | 4,911 (29.7%) |
| Vacant Housing Units | 2,334 (14.1%) |
| Median Home Value | $177,711 |
| Average Home Value | $226,094 |
Housing Distribution
Address Breakdown
Residential
13,696
Single Family
13,038
Multi-Family
658
Businesses
1,370
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Listed by: Bethany Donelow • BETTY J. MOORE & ASSOCIATES
Mls Name: Beckley BOR
Mls ID: #91096