321 Foothills LnPrincetonWV24739
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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 321 Foothills Ln, Princeton, WV, 24739 priced at $154,500 pairs $1,380/mo rent with $454/mo cash flow after a $756/mo payment. Total monthly income equals $1,380/mo, and annual cash flow comes to $5,444/yr on $51,217 invested. Return on cash invested is 30.54% in year one, and rental yield stands at 10.72% on a $154,500 basis. Equity gained on principal adds $997/yr, and 5% annual appreciation accumulates to $42,686 by year five. Five-year ROI measures 159.61% and total cumulative return in cash reaches $81,747. For financing, Ziffy Mortgage’s DSCR program evaluates $1,380/mo property income against a $756/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2011
4.05 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24739, Oakvale, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,992 (100%) |
| Owner Occupied HU | 4,039 (67.4%) |
| Renter Occupied HU | 1,379 (23.0%) |
| Vacant Housing Units | 574 ( 9.6%) |
| Median Home Value | $165,415 |
| Average Home Value | $177,607 |
Housing Distribution
Address Breakdown
Residential
5,827
Single Family
5,785
Multi-Family
42
Businesses
208
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Listed by: Lee Ann Barlow- A.B. • ERA ADVANTAGE REALTY
Mls Name: Mercer-Tazewell County BOR
Mls Provider:
Mls ID: #54948
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