512 2nd StNew HavenWV25265
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 512 2nd St, New Haven, WV, 25265 uses $59,637 cash to close to unlock $3,871/yr annual cash flow and $323/mo monthly cash flow. Total monthly income runs $1,364/mo, and a $881/mo payment keeps the spread at $323/mo. Purchase price stands at $179,900, and rental yield measures 9.1% with $1,364/mo rent. Return on cash invested shows 26.4% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 137.15% and total cumulative return in cash records $81,789. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,364/mo property income covering a $881/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Jones Dunn • Homestead Realty
Mls Name: KVBR
Mls Provider:
Mls ID: #276785
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.