308 Sandpiper 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
Investment property for sale in Princeton at 308 Sandpiper Ave, Princeton, WV, 24740 at $459,000 posts ROI 20.54% with $80/mo cash flow from $2,736/mo rent. Total monthly income equals $2,736/mo, and annual cash flow records $957/yr on $152,159 to close. Return on cash invested measures 20.54% and rental yield reads 7.15% at the current $459,000. Equity gained on principal adds $2,962/yr, and 5% annual appreciation supports $126,813 by year five. Five-year ROI prints 105.69% and total cumulative return in cash totals $160,811.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,736/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1978
1.58 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: CINDY CHRISTIAN • MOUNTAIN REALTY LLC
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55484