701 W Main StSophiaWV25921
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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 Sophia at 701 W Main St, Sophia, WV, 25921 with 5% annual appreciation on a $179,000 basis while $1,242/mo rent supports operations. Total monthly income totals $1,242/mo and a $876/mo payment preserves $206/mo for cash returns. Annual cash flow comes to $2,477/yr on $59,339 deployed, and return on cash invested reaches 24.08% in year one. Equity gained on principal adds $1,155/yr, and five-year appreciation sums $49,454 alongside rental yield of 8.33%. Five-year ROI measures 124.72% and total cumulative return in cash totals $74,007.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,242/mo property income versus a $876/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1950
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25921, Sophia, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 864 (100%) |
| Owner Occupied HU | 510 (59.0%) |
| Renter Occupied HU | 246 (28.5%) |
| Vacant Housing Units | 108 (12.5%) |
| Median Home Value | $131,250 |
| Average Home Value | $166,309 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
66
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Listed by: Pj Short • ALTRUIST REALTY GROUP
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #91197
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.