620 1st 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 620 1st Ave, Marlinton, WV, 24954 offers a 2.7% rental yield on a $399,500 purchase with $900/mo rent. 12% in year one. Equity gained on principal adds $2,578/yr while 5% annual appreciation supports $110,374 over five years. Portfolio math shows five-year ROI at 33.74% and total cumulative return in cash at $44,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $1,955/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
0.99 Acres 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: Cheryl D. Dean • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls ID: #25-1542