6046 E Pea Ridge RdHuntingtonWV25705
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 Huntington at 6046 E Pea Ridge Rd, Huntington, WV, 25705 uses $49,029 cash to close to unlock $2,768/yr annual cash flow and $231/mo monthly cash flow. Total monthly income runs $1,136/mo, and a $724/mo payment keeps the spread at $231/mo. Purchase price stands at $147,900, and rental yield measures 9.22% with $1,136/mo rent. Return on cash invested shows 25.56% in year one, and 5% annual appreciation builds toward $40,862 over five years. Five-year ROI reaches 133.09% and total cumulative return in cash records $65,251. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,136/mo property income covering a $724/mo payment rather than investor’s personal income.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25705, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,092 (100%) |
| Owner Occupied HU | 5,587 (55.4%) |
| Renter Occupied HU | 3,437 (34.1%) |
| Vacant Housing Units | 1,068 (10.6%) |
| Median Home Value | $197,117 |
| Average Home Value | $249,451 |
Housing Distribution
Address Breakdown
Residential
9,587
Single Family
9,039
Multi-Family
548
Businesses
401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd Nelson • Old Colony, Realtors of Htgn
Mls Name: KVBR
Mls Provider:
Mls ID: #278229
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.