3122 Beckley RdPrincetonWV24740
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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 3122 Beckley Rd, Princeton, WV, 24740 generates $870/mo in rent, after a $1,184/mo payment. Total monthly income is $870/mo. Return on cash invested sits at 11.98% in year one, and rental yield is 4.31% on a $242,000 entry. Equity gained on principal adds $1,562/yr, while 5% annual appreciation builds toward $66,860 over five years. Five-year ROI reaches 59.86% and total cumulative return in cash sums $48,018. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $870/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
4.27 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: LEE ANN BARLOW- A.B. • ERA ADVANTAGE REALTY
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55448