647 Kirby Addition RdPrincetonWV24739
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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 Princeton at 647 Kirby Addition Rd, Princeton, WV, 24739 at $205,000 posts ROI 23.34% with $194/mo cash flow from $1,380/mo rent. Total monthly income equals $1,380/mo, and annual cash flow records $2,331/yr on $67,958 to close. Return on cash invested measures 23.34% and rental yield reads 8.08% at the current $205,000. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 by year five. Five-year ROI prints 120.75% and total cumulative return in cash totals $82,062.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,380/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24739, Oakvale, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,992 (100%) |
| Owner Occupied HU | 4,039 (67.4%) |
| Renter Occupied HU | 1,379 (23.0%) |
| Vacant Housing Units | 574 ( 9.6%) |
| Median Home Value | $165,415 |
| Average Home Value | $177,607 |
Housing Distribution
Address Breakdown
Residential
5,827
Single Family
5,785
Multi-Family
42
Businesses
208
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Listed by: JESSICA ATHA • ONE REALTY GROUP
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55471