515 2nd AveMarlintonWV24954
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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 Marlinton at 515 2nd Ave, Marlinton, WV, 24954 with 5% annual appreciation on a $120,000 basis while $916/mo rent supports operations. Total monthly income totals $916/mo and a $587/mo payment preserves $222/mo for cash returns. Annual cash flow comes to $2,664/yr on $39,780 deployed, and return on cash invested reaches 26.61% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,154 alongside rental yield of 9.16%. Five-year ROI measures 138.21% and total cumulative return in cash totals $54,979.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $916/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24954, Marlinton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,098 (100%) |
| Owner Occupied HU | 1,114 (53.1%) |
| Renter Occupied HU | 299 (14.3%) |
| Vacant Housing Units | 685 (32.7%) |
| Median Home Value | $154,209 |
| Average Home Value | $194,069 |
Housing Distribution
Address Breakdown
Residential
1,584
Single Family
1,568
Multi-Family
16
Businesses
180
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Listed by: Kathy Owens • N/A
Mls Name: Red Oak Realty
Mls ID: #6671