509 2nd StNew HavenWV25265
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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 New Haven at 509 2nd St, New Haven, WV, 25265 offers a 7.31% rental yield on a $190,000 purchase with $1,157/mo rent. Total monthly income registers $1,157/mo, and a $930/mo payment leaves $58/mo available for distribution. Annual cash flow reaches $691/yr on $62,985 to close, and return on cash invested stands at 21.01% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 108.22% and total cumulative return in cash at $68,160. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,157/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1997
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25265, New Haven, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 408 (100%) |
| Owner Occupied HU | 268 (65.7%) |
| Renter Occupied HU | 79 (19.4%) |
| Vacant Housing Units | 61 (15.0%) |
| Median Home Value | $98,125 |
| Average Home Value | $130,354 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
43
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Nearby investment properties with comparable prices
Listed by: Jan Ramey • RE/MAX Clarity
Mls Name: KVBR
Mls ID: #279694