640 Elliott AveBelingtonWV26250
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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 Belington at 640 Elliott Ave, Belington, WV, 26250 uses $63,648 cash to close to unlock $970/yr annual cash flow and $81/mo monthly cash flow. Total monthly income runs $1,192/mo, and a $940/mo payment keeps the spread at $81/mo. Purchase price stands at $192,000, and rental yield measures 7.45% with $1,192/mo rent. Return on cash invested shows 21.43% in year one, and 5% annual appreciation builds toward $53,046 over five years. Five-year ROI reaches 110.51% and total cumulative return in cash records $70,336. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,192/mo property income covering a $940/mo payment rather than investor’s personal income.
Single Family
Built in 2005
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26250, Belington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,405 (100%) |
| Owner Occupied HU | 1,669 (69.4%) |
| Renter Occupied HU | 466 (19.4%) |
| Vacant Housing Units | 270 (11.2%) |
| Median Home Value | $107,341 |
| Average Home Value | $143,042 |
Housing Distribution
Address Breakdown
Residential
2,042
Single Family
2,004
Multi-Family
38
Businesses
124
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Listed by: Rhonda Robinson • HOUSE HUNTERS REAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158824
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 2025-04-22 11:58:45 PDT