511 29th StPoint PleasantWV25550
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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 Point Pleasant at 511 29th St, Point Pleasant, WV, 25550 earns $522/mo cash flow from $1,560/mo rent with a $876/mo payment. Total monthly income totals $1,560/mo, and annual cash flow totals $6,262/yr on $59,339 capital. ROI tracks 30.46% on current figures, and rental yield reads 10.46% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 158.94% and total cumulative return in cash sums $94,311. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,560/mo property income instead of your personal income.
Single Family
Built in 1955
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25550, Point Pleasant, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,148 (100%) |
| Owner Occupied HU | 2,636 (63.5%) |
| Renter Occupied HU | 1,013 (24.4%) |
| Vacant Housing Units | 499 (12.0%) |
| Median Home Value | $138,962 |
| Average Home Value | $187,077 |
Housing Distribution
Address Breakdown
Residential
3,860
Single Family
3,607
Multi-Family
253
Businesses
360
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Listed by: Angela Zimmerman • Angie Zimmerman Realty Group
Mls Name: My State MLS
Mls ID: #11584468