708 Rockbridge StBluefieldWV24701
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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
Rental property for sale in Bluefield at 708 Rockbridge St, Bluefield, WV, 24701 offers $810/mo rent that, after a $587/mo payment, leaves $116/mo cash flow. Total monthly income is $810/mo, and annual cash flow is $1,393/yr on $39,747 cash. Return on cash invested measures 23.41% in year one, and rental yield stands at 8.11% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 121.22% and total cumulative return in cash reaches $48,180. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $810/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24701, Bluefield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,115 (100%) |
| Owner Occupied HU | 5,568 (55.0%) |
| Renter Occupied HU | 2,734 (27.0%) |
| Vacant Housing Units | 1,813 (17.9%) |
| Median Home Value | $111,471 |
| Average Home Value | $151,349 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,668
Multi-Family
426
Businesses
776
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Listed by: C. BRIAN COX • BERKSHIRE HATHAWAY HOMESERVICES FOUR SEASONS SELECT
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55587