600 Nicholas StBluefieldWV24701
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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 Bluefield at 600 Nicholas St, Bluefield, WV, 24701 earns $197/mo cash flow from $775/mo rent with a $489/mo payment. Total monthly income totals $775/mo, and annual cash flow totals $2,362/yr on $33,150 capital. ROI tracks 27.03% on current figures, and rental yield reads 9.3% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 140.5% and total cumulative return in cash sums $46,576. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $775/mo property income instead of your personal income.
Single Family
Built in 1921
8,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24701, Bluefield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,115 (100%) |
| Owner Occupied HU | 5,568 (55.0%) |
| Renter Occupied HU | 2,734 (27.0%) |
| Vacant Housing Units | 1,813 (17.9%) |
| Median Home Value | $111,471 |
| Average Home Value | $151,349 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,668
Multi-Family
426
Businesses
776
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Listed by: BRITNEY GREER • COUNTRY ROADS REAL ESTATE
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55692