404 Parkway DrHuntingtonWV25705
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 404 Parkway Dr, Huntington, WV, 25705 priced at $215,000 converts $1,480/mo rent into $236/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,480/mo, and annual cash flow totals $2,836/yr on $71,273 invested. Return on cash invested prints 23.89% in year one, and rental yield reads 8.26% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 123.68% and total cumulative return in cash sums $88,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,480/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1970
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25705, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,092 (100%) |
| Owner Occupied HU | 5,587 (55.4%) |
| Renter Occupied HU | 3,437 (34.1%) |
| Vacant Housing Units | 1,068 (10.6%) |
| Median Home Value | $197,117 |
| Average Home Value | $249,451 |
Housing Distribution
Address Breakdown
Residential
9,587
Single Family
9,039
Multi-Family
548
Businesses
401
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Nearby investment properties with comparable prices
Listed by: Kim Wade • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls Provider:
Mls ID: #276402
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.