503 Ridgewood RdHuntingtonWV25701
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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 503 Ridgewood Rd, Huntington, WV, 25701 generates $2,938/mo in rent and, after a $1,559/mo payment, leaves $1,006/mo in cash flow. Total monthly income is $2,938/mo, and annual cash flow is $12,067/yr on $105,583 invested. Return on cash invested sits at 31.34% in year one, and rental yield is 11.07% on a $318,500 entry. Equity gained on principal adds $2,055/yr, while 5% annual appreciation builds toward $87,996 over five years. Five-year ROI reaches 163.97% and total cumulative return in cash sums $173,124. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,938/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.31 Acres 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: Jim Weiler • Fathom Realty LLC
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #179640
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.