406 & 08 Washington AveHuntingtonWV25701
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 406 & 08 Washington Ave, Huntington, WV, 25701 in Huntington is a conservative rental investment at $225,000. Rental yield 6.42%. A 1.19 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $62,163; $2,072/yr in principal paydown supplements. Total projected return: $78,648.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 5.8% |
| Monthly Cash Flow | $(98) | $450 |
City averages based on Huntington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,204 |
| Total Monthly Debt Service | $1,212 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25701, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,236 (100%) |
| Owner Occupied HU | 5,283 (43.2%) |
| Renter Occupied HU | 4,668 (38.1%) |
| Vacant Housing Units | 2,285 (18.7%) |
| Median Home Value | $188,232 |
| Average Home Value | $228,350 |
Housing Distribution
Address Breakdown
Residential
11,171
Single Family
8,870
Multi-Family
2,301
Businesses
1,125
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
Multi Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25701, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,236 (100%) |
| Owner Occupied HU | 5,283 (43.2%) |
| Renter Occupied HU | 4,668 (38.1%) |
| Vacant Housing Units | 2,285 (18.7%) |
| Median Home Value | $188,232 |
| Average Home Value | $228,350 |
Housing Distribution
Address Breakdown
Residential
11,171
Single Family
8,870
Multi-Family
2,301
Businesses
1,125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whitney Hood Gesner • Hood Realty Company
Mls Name: HUNTMLS
Mls ID: #182596