785 Nemours RdBluefieldWV24701
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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
Rental property for sale in Bluefield at 785 Nemours Rd, Bluefield, WV, 24701 generates $1,565/mo in rent and, after a $830/mo payment, leaves $584/mo in cash flow. Total monthly income is $1,565/mo, and annual cash flow is $7,006/yr on $56,189 invested. Return on cash invested sits at 32.38% in year one, and rental yield is 11.08% on a $169,500 entry. Equity gained on principal adds $1,094/yr, while 5% annual appreciation builds toward $46,830 over five years. Five-year ROI reaches 169.18% and total cumulative return in cash sums $95,060. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,565/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
1.08 Acres 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: G. STEVE YOST • COLDWELL BANKER HENDRICK REAL ESTATE
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55630