533 Broadway AveBridgeportWV26330
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
Rental property for sale in Bridgeport at 533 Broadway Ave, Bridgeport, WV, 26330 priced at $289,000 converts $2,318/mo rent into $645/mo cash flow after a $1,415/mo obligation. Total monthly income equals $2,318/mo, and annual cash flow totals $7,744/yr on $95,804 invested. Return on cash invested prints 27.99% in year one, and rental yield reads 9.62% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 145.69% and total cumulative return in cash sums $139,574. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,318/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 1970
10,598 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26330, Bridgeport, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 5,109 (70.1%) |
| Renter Occupied HU | 1,621 (22.2%) |
| Vacant Housing Units | 557 ( 7.6%) |
| Median Home Value | $289,461 |
| Average Home Value | $304,534 |
Housing Distribution
Address Breakdown
Residential
7,320
Single Family
6,821
Multi-Family
499
Businesses
974
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie Thomas • PREFERRED PROPERTIES
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156611
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2024-02-07 10:15:58 PST