406 & 08 Washington AveHuntingtonWV25701
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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 Huntington at 406 & 08 Washington Ave, Huntington, WV, 25701 offers a 6.42% rental yield on a $225,000 purchase with $1,204/mo rent. 34% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 93.94% and total cumulative return in cash at $70,065. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,204/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: Whitney Hood Gesner • Hood Realty Company
Mls Name: HUNTMLS
Mls ID: #182596