85 Main StUnionWV24983
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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 Union at 85 Main St, Union, WV, 24983 uses $49,559 cash to close to unlock $3,056/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $1,120/mo, and a $732/mo payment keeps the spread at $255/mo. Purchase price stands at $149,500, and rental yield measures 8.99% with $1,120/mo rent. Return on cash invested shows 26.08% in year one, and 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 135.41% and total cumulative return in cash records $67,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,120/mo property income covering a $732/mo payment rather than investor’s personal income.
Single Family
Built in 1868
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24983, Union, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 884 (100%) |
| Owner Occupied HU | 575 (65.0%) |
| Renter Occupied HU | 145 (16.4%) |
| Vacant Housing Units | 164 (18.6%) |
| Median Home Value | $176,875 |
| Average Home Value | $245,704 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
850
Multi-Family
1
Businesses
101
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Listed by: Robin D Hancock • Old Spruce Realty
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-1067
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.