709 Chert LnBeckleyWV25801
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
Rental property for sale in Beckley at 709 Chert Ln, Beckley, WV, 25801 priced at $179,000 pairs $1,787/mo rent with $751/mo cash flow after a $876/mo payment. Total monthly income equals $1,787/mo, and annual cash flow comes to $9,017/yr on $59,339 invested. Return on cash invested is 35.1% in year one, and rental yield stands at 11.98% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 183.85% and total cumulative return in cash reaches $109,095. For financing, Ziffy Mortgage’s DSCR program evaluates $1,787/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25801, Beckley, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,528 (100%) |
| Owner Occupied HU | 9,283 (56.2%) |
| Renter Occupied HU | 4,911 (29.7%) |
| Vacant Housing Units | 2,334 (14.1%) |
| Median Home Value | $177,711 |
| Average Home Value | $226,094 |
Housing Distribution
Address Breakdown
Residential
13,696
Single Family
13,038
Multi-Family
658
Businesses
1,370
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roxanna Ballard • CARDINAL REALTY INC.
Mls Name: All West Virginia MLS
Mls ID: #100101