689 Glenwood RdMiltonWV25541
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 Milton at 689 Glenwood Rd, Milton, WV, 25541 offers a 9.42% rental yield on a $325,000 purchase with $2,551/mo rent. Total monthly income registers $2,551/mo, and a $1,591/mo payment leaves $670/mo available for distribution. Annual cash flow reaches $8,043/yr on $107,738 to close, and return on cash invested stands at 27.37% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 142.37% and total cumulative return in cash at $153,385. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,551/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25541, Milton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,355 (100%) |
| Owner Occupied HU | 3,001 (68.9%) |
| Renter Occupied HU | 945 (21.7%) |
| Vacant Housing Units | 409 ( 9.4%) |
| Median Home Value | $209,550 |
| Average Home Value | $226,270 |
Housing Distribution
Address Breakdown
Residential
3,995
Single Family
3,942
Multi-Family
53
Businesses
242
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Nearby investment properties with comparable prices
Listed by: JACKI FRAZIER • Century 21 Homes & Land
Mls Name: KVBR
Mls Provider:
Mls ID: #276902
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.