887 Norway AveHuntingtonWV25705
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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 Huntington at 887 Norway Ave, Huntington, WV, 25705 uses $38,421 cash to close to unlock $12,345/yr annual cash flow and $1,029/mo monthly cash flow. Total monthly income runs $1,752/mo, and a $567/mo payment keeps the spread at $1,029/mo. Purchase price stands at $115,900, and rental yield measures 18.14% with $1,752/mo rent. Return on cash invested shows 52.04% in year one, and 5% annual appreciation builds toward $32,021 over five years. Five-year ROI reaches 275.2% and total cumulative return in cash records $105,736. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,752/mo property income covering a $567/mo payment rather than investor’s personal income.
Single Family
Built in 1960
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25705, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,092 (100%) |
| Owner Occupied HU | 5,587 (55.4%) |
| Renter Occupied HU | 3,437 (34.1%) |
| Vacant Housing Units | 1,068 (10.6%) |
| Median Home Value | $197,117 |
| Average Home Value | $249,451 |
Housing Distribution
Address Breakdown
Residential
9,587
Single Family
9,039
Multi-Family
548
Businesses
401
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