7 Parsons StHuntingtonWV25705
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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 Huntington at 7 Parsons St, Huntington, WV, 25705 listed at $159,000 pairs $1,369/mo rent with a $778/mo payment to leave $342/mo cash flow. Total monthly income runs $1,369/mo, and annual cash flow reaches $4,098/yr on $52,709 cash to close. Return on cash invested measures 27.68% in year one, and rental yield registers 10.33% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 144.95% and total cumulative return in cash totals $76,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,369/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
5,662 sqft 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
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Listed by: Christie Giompalo • REALTY EXCHANGE COMMERCIAL/RES
Mls Name: KVBR
Mls Provider:
Mls ID: #276850
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.