307 Blake AvePrincetonWV24740
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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 Princeton at 307 Blake Ave, Princeton, WV, 24740 offers $540/mo rent that, after a $778/mo payment. Total monthly income is $540/mo. Return on cash invested measures 11.26% in year one, and rental yield stands at 4.08% at a $159,000 entry. Equity gained on principal adds $1,026/yr while 5% annual appreciation compounds into $43,929 by year five. Five-year ROI records 56.03% and total cumulative return in cash reaches $29,532. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $540/mo property income versus a $778/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24740, Princeton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,005 (100%) |
| Owner Occupied HU | 4,356 (54.4%) |
| Renter Occupied HU | 2,671 (33.4%) |
| Vacant Housing Units | 978 (12.2%) |
| Median Home Value | $148,519 |
| Average Home Value | $163,699 |
Housing Distribution
Address Breakdown
Residential
7,351
Single Family
6,828
Multi-Family
523
Businesses
864
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Listed by: . David Inman/Sherrie Brown • FIRST PROPERTY SOLUTIONS, LLC
Mls Name: Beckley BOR
Mls ID: #91432