340 Horton Ave ERainelleWV25962
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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 Rainelle at 340 Horton Ave E, Rainelle, WV, 25962 offers a 0% rental yield on a $139,000 purchase with $0/mo rent. 03% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25962, Rainelle, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,810 (100%) |
| Owner Occupied HU | 1,094 (60.4%) |
| Renter Occupied HU | 341 (18.8%) |
| Vacant Housing Units | 375 (20.7%) |
| Median Home Value | $109,946 |
| Average Home Value | $142,774 |
Housing Distribution
Address Breakdown
Residential
1,494
Single Family
1,491
Multi-Family
3
Businesses
120
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No similar rental properties found nearby.
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Listed by: Rosa Kessler • EXIT ELEVATION REALTY
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90495
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