504 Monterey HlBluefieldWV24701
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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 Bluefield at 504 Monterey Hl, Bluefield, WV, 24701 with 5% annual appreciation on a $159,000 basis while $954/mo rent supports operations. Total monthly income totals $954/mo and a $778/mo payment preserves $34/mo for cash returns. Annual cash flow comes to $411/yr on $52,709 deployed, and return on cash invested reaches 20.69% in year one. Equity gained on principal adds $1,026/yr, and five-year appreciation sums $43,929 alongside rental yield of 7.2%. Five-year ROI measures 106.57% and total cumulative return in cash totals $56,172.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $954/mo property income versus a $778/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24701, Bluefield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,115 (100%) |
| Owner Occupied HU | 5,568 (55.0%) |
| Renter Occupied HU | 2,734 (27.0%) |
| Vacant Housing Units | 1,813 (17.9%) |
| Median Home Value | $111,471 |
| Average Home Value | $151,349 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,668
Multi-Family
426
Businesses
776
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Listed by: Kary England • RazBerry & Associates Real Estate Company, Inc.
Mls Name: Beckley BOR
Mls ID: #92709