39 Merritts Creek RdHuntingtonWV25702
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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 Huntington at 39 Merritts Creek Rd, Huntington, WV, 25702 offers $2,904/mo rent that, after a $2,300/mo payment, leaves $185/mo cash flow. Total monthly income is $2,904/mo, and annual cash flow is $2,219/yr on $155,805 cash. Return on cash invested measures 21.33% in year one, and rental yield stands at 7.41% at a $470,000 entry. Equity gained on principal adds $3,033/yr while 5% annual appreciation compounds into $129,852 by year five. Five-year ROI records 109.94% and total cumulative return in cash reaches $171,297. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,904/mo property income versus a $2,300/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25702, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,598 (100%) |
| Owner Occupied HU | 1,621 (45.1%) |
| Renter Occupied HU | 1,360 (37.8%) |
| Vacant Housing Units | 617 (17.1%) |
| Median Home Value | $90,231 |
| Average Home Value | $150,851 |
Housing Distribution
Address Breakdown
Residential
3,347
Single Family
3,154
Multi-Family
193
Businesses
240
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Listed by: Katie A Boggs • Lillywood Realty
Mls Name: GVMLS
Mls ID: #25-911